Barclays have announced that its branch in Ely will be closing its doors later this year. The company confirmed the news in a statement issued to customers.
The closure comes as many banks across the UK said they will be shutting branches due to a rapid decline in footfall as well as in-person visits. In Cambridgeshire, dozens of banks have closed over the last year, with others due to shut in 2024.
The Ely bank, on High Street, will shut for good on April 11. After that, the nearest Barclays banks available to customers will be in Cambridge and Bury St Edmunds.
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A spokesperson for Barclays said: “Back when we opened this branch, visiting us in person was one of the only ways to do your banking. Now, as there are lots of ways to manage your money without even leaving your home, we’re seeing many customers choosing to bank using our app, and online or telephone banking.
“This has had a big impact on the number of customers coming in to see us. We’ll be working with the local community to understand the impact of closing this branch. Once we’ve gathered feedback, we’ll publish the results in a booklet.”
The bank found that 91 per cent of people who use this branch have also banked using the app, online and by phone in 2022. It also stated that only 24 customers use this branch regularly as the only way to do their banking.