LLOYDS Banking Group has announced that it will be closing a further 44 banks across the UK, including the Crediton branch.
Three branches in Devon will close, Plymouth on January 10, 2024, Teignmouth on April 15, 2024 and Crediton on July 4, 2024.
In recent times Lloyds has blamed a drop in customer transactions and an increase of more people using internet banking as the reason behind the closures.
However, consumer advocates for local bank branches say that such closures harm less mobile customers and people who struggle to access internet banking.
Lloyds Bank in Crediton High Street. AQ 2795 (Alan Quick, Crediton Courier)
Trade unions say that such closures deny vulnerable customers and small businesses of essential services.
The Crediton branch, at 30 High Street, Crediton, is currently open from 9am to 1pm, Monday to Friday.
It operates a counter service, travel money facility, paying-in machine and an external Cashpoint.
Data from the UK’s largest cash machine network, LINK, which keeps track of any planned bank branch closures across the UK confirmed details of the branch closures today, Wednesday, July 19.
• Are you concerned about the closure next year of the Crediton branch of Lloyds Bank?
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