The last retail bank in Swanage to close

Lloyds Banking Group has announced the closure of 28 branches including Lloyds Bank in Swanage.

The banking group, which owns Lloyds, Halifax and Bank of Scotland, says it’s also closing two other Lloyds Banks in Dorset – one in Broadstone and the other in Verwood, as well as the Halifax in Dorchester. Of the 28 closures announced, 20 are Lloyds Bank branches and eight Halifax branches.

Lloyds bank

Swanage Lloyds Bank to close on Monday 19th September 2022

This comes on top of an earlier announcement in March 2022 that 60 branches would close across Great Britain – 24 Lloyds Bank, 19 Bank of Scotland and 17 Halifax, making a total of 88 branch closures by the end of 2022.

According to the announcement, Lloyds Bank in Swanage will close on Monday 19th September 2022.

This will leave Nationwide Building Society and the Post Office as the only places left to offer banking services in town.

The nearest bank to Swanage will be Lloyds Bank in Wareham, which is not currently earmarked for closure.

Lloyds Bank in High Street

Lloyds Bank in the High Street is part of the historic character of Swanage

“Betrayal of some of the most vulnerable, elderly and socially excluded in our communities”

The union Unite said 69 workers across England and Wales are affected by the latest closures.

Caren Evans, Unite national officer said:

“The branch closure announcement today, that another profit making financial institution is failing to consider the needs of consumers and staff, beggars’ belief. This news is another example of a bank choosing to walk away from the communities who need access to banking.

“The actions of Lloyds Banking Group over the last few months are completely inexcusable. The management is letting down customers and their dedicated workforce.

“These closures will leave some customers more than 10 miles from their nearest bank branch. This is a betrayal of some of the most vulnerable, elderly and socially excluded in our communities who need local access to community banking.”

Exterior of Former Barclays Bank in Swanage

Barclays Bank in Station Road in Swanage closed down in 2019

Exterior of building that was once a bank that is now a shop

The building in Institute Road in Swanage that used to be Nat West Bank

“Visits to these 28 branches have dropped by 60 percent since 2016”

A Lloyds Banking Group spokesperson told Mirror Online:

“It remains true that online and mobile banking continue to grow, as branch usage falls.

“On average, visits to these 28 branches have dropped by 60 percent since 2016, while we now have 18.6 million regular online banking customers and over 15 million mobile app users.”

Lloyds said each of the affected branches had a free cash machine or Post Office within one mile, letting customers do limited banking services.

Full list of Lloyds Banking Group closures announced on Wednesday 18th May 2022

  • Norwich Heartsease – 23/08/2022
  • Thatcham – 24/08/2022
  • Ashby-de-la-Zouch – 25/08/2022
  • Bilborough Nottingham – 31/08/2022
  • Broadstone – 31/08/2022
  • Letchworth – 01/09/2022
  • Nottingham Hyson Green – 06/09/2022
  • Oadby – 06/09/2022
  • Plympton – 07/09/2022
  • Verwood – 07/09/2022
  • Ilfracombe – 12/09/2022
  • Whickham – 12/09/2022
  • Atherstone – 13/09/2022
  • Hadleigh – 14/09/2022
  • Swanage – 19/09/2022
  • Ystrad Mynach – 20/09/2022
  • Bourne – 21/11/2022
  • Heald Green – 22/11/2022
  • Banstead – 24/11/2022
  • Williton – 24/11/2022

Halifax branch closures

  • Coalville – 22/08/2022
  • Falmouth – 07/09/2022
  • Hoddesdon High St – 01/09/2022
  • Manchester Trafford – 05/09/2022
  • Lewes – 05/09/2022
  • Walton Vale – 08/09/2022
  • Dover – 13/09/2022
  • Dorchester – 22/11/2022

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