Yahoo Finance Lloyds and Halifax to close 28 more branches
Lloyds and Halifax are set to close 28 more branches across the UK.
Owner of the high street banks Lloyds Banking Group (LLOY.L) said the closures were due to declining usage of in-branch banking.
Vim Maru, group retail director at Lloyds, said in a statement: "On average, visits to these 28 branches have dropped by 60% since 2016, while we now have 18.6 million regular online banking customers and over 15 million mobile app users."
The closures will see will see 20 Lloyds Bank and eight Halifax branches disappear from high streets between August and November this year.
The move will affect 69 full-time workers, according to Unite union.
Lloyds said it would aim to support staff impacted and move those who wanted to stay to a new role.
Read more: HSBC to shut 69 bank branches with 400 jobs affected
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.”
The move comes after the group announced the closure of 60 UK branches in March.
Lloyds Banking Group, which also owns Royal Bank of Scotland, said each of the affected branches had a free cash machine or Post Office within one mile which will give customers access to limited banking services, according to the Mirror.
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Over 5,000 bank and building society branches have been shut down across the UK since 2015, according to Unite.
In March, HSBC (HSBA.L) announced the closure of 69 branches across its wider bank network in the UK, in a move that will affect 400 jobs.
Lloyds branches closing and date of closure:
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 branches closing and date of closure
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
