Quantcast
Menu
Save, make, understand money

News

More than 50 Halifax, Lloyds and Bank of Scotland branches to close

Paloma Kubiak
Written By:
Paloma Kubiak
Posted:
Updated:
02/06/2023

Lloyds Banking Group has confirmed more than 50 branches across its network will close in the next year as footfall continues to decline while digital banking is on the up.

Lloyds Banking Group will close 53 branches between September 2023 and May 2024, which includes 21 Lloyds Bank, 15 Halifax and 17 Bank of Scotland locations.

It comes after it confirmed in March that more than 80 branches across the Lloyds Banking Group network would close this year.

The group said more than 20 million customers regularly use online banking, with 17.3 million of these using mobile banking via app. As digital banking has grown, branch visits have fallen, with the flagged locations seeing an average 55% less footfall in the last five years. However, some have seen up to 73% less physical interaction in branch during this time.

Once all previously announced closures are complete, Lloyds Banking Group will have 1,186 branches, including 577 Lloyds, 465 Halifax and 144 Bank of Scotland locations.

Overall, across the major lenders, more than 300 bank branches have been announced for closure since the start of 2023, according to LINK, the ATM network.

Here’s the full list of Lloyds Banking Group branches set to close:

Lloyds: 21 branches

  • 86 Bristol Road Gloucester England GL1 5SD 18/09/2023
  • 122 East Street South Molton England EX36 3DA 19/09/2023
  • 3 The Square Liphook England GU30 7AE 21/09/2023
  • 15 Penn Road, Hazlemere Hazlemere England HP15 7LN 21/09/2023
  • 21 The Penny Hill Centre Leeds England LS10 2AP 25/09/2023
  • 1480 Wimborne Road Bournemouth England BH10 7AY 27/09/2023
  • 1 Oxford Road Kidlington England OX5 2BP 28/09/2023
  • 173 Buckingham Avenue Slough England SL1 4RD 05/10/2023
  • 275 Wellingborough Road Northampton England NN1 4EW 09/10/2023
  • 35 Bradford Road Brighouse England HD6 1RW 10/10/2023
  • 65-67 Fore Street Kingsbridge England TQ7 1PN 11/10/2023
  • 355 Woodchurch Road Prenton England CH42 8PE 16/10/2023
  • 2-4 High Street March England PE15 9JE 18/10/2023
  • 29 Kimberley Terrace Llanishen Wales CF14 5EA 24/10/2023
  • 1 West Street Cromer England NR27 9HZ 25/10/2023
  • 38 Chapel Lane Formby England L37 4DR 30/10/2023
  • Market Place Thirsk England YO7 1HB 31/10/2023
  • 18 Market Place North Walsham England NR28 9BP 07/11/2023
  • 11 Cross Square St David’s Wales SA62 6SE 27/11/2023
  • 9 West Street Alresford England SO24 9AE 27/11/2023
  • 21 Broad Street Pershore England WR10 1BD 20/02/2024

Halifax: 15 branches:

  • 169A Finchley Road Swiss Cottage England NW3 6LB 20/09/2023
  • 32-36 South Road Haywards Heath England RH16 4LA 25/09/2023
  • 6/7 Gordon Buildings Southampton England SO15 3LS 26/09/2023
  • 46 High Street Harborne England B17 9NE 26/09/2023
  • 627 Kingstanding Road Kingstanding England B44 9SU 27/09/2023
  • 12/14 Halifax Road Todmorden England OL14 5AE 28/09/2023
  • 903 Walsall Road Great Barr England B42 1TN 04/10/2023
  • 23 Market Street Craigavon Northern Ireland BT66 6AR 04/10/2023
  • 30A The Centre Feltham England TW13 4AU 05/10/2023
  • 18 Furtherwick Road Canvey Island England SS8 7AN 06/11/2023
  • 101/103 Church Street Malvern England WR14 2AE 06/11/2023
  • 6 High Street Grantham England NG31 6PN 08/11/2023
  • 19 West Street Leominster England HR6 8EP 13/11/2023
  • 33 Main Street Larne Northern Ireland BT40 1JE 14/11/2023
  • 30 Torquay Road Paignton England TQ3 3BD 28/11/2023.

Bank of Scotland: 17 branches

  • The Cross Cupar Scotland KY15 4BP 02/10/2023
  • Station Road Fort Augustus Scotland PH32 4AZ 05/10/2023
  • Manse Road Eyemouth Scotland TD14 5JE 09/10/2023
  • 9 Bridge Street Ballater Scotland AB35 5QP 11/10/2023
  • 10 Market Square Duns Scotland TD11 3ED 16/10/2023
  • 7/9 Invercauld Road Braemar Scotland AB35 5YP 17/10/2023
  • 30 West Argyle Street Ullapool Scotland IV26 2TY 23/10/2023
  • Main Street Aberfoyle Scotland FK8 3UG 24/10/2023
  • Douglas Square Newcastleton Scotland TD9 0QD 31/10/2023
  • High Street Dunkeld Scotland PH8 0AL 05/12/2023
  • High Street Falkland Scotland KY15 7BZ 05/12/2023
  • 43/45 Townhead Street Cumnock Scotland KA18 1LF 12/02/2024
  • 1 Galvelmore Street Crieff Scotland PH7 4DN 12/02/2024
  • 40 High Street Jedburgh Scotland TD8 6DQ 14/02/2024
  • 17 Dalrymple Street Girvan Scotland KA26 9EU 21/02/2024
  • 95 High Street Dunbar Scotland EH42 1ER 21/05/2024
  • Main Road Aviemore Scotland PH22 1RH 21/05/2024.

Lloyds group said all of the branch locations announced for closure have a Post Office within one mile.

Following LINK’s cash-access assessment (the usual process when a bank announces closures), banking hubs have been recommended in five locations: Pershore, Crieff, Cumnock, Girvan and Jedburgh.

Banking hubs provide basic banking services including counter services run by the major banks and the Post Office. There are also dedicated rooms where customers can see community bankers from their own bank for more complicated matters that require specialist knowledge or privacy.

Lloyds said it will introduce 29 new community bankers to provide banking support in local communities where a branch is closing. These provide face-t- face services to customers in their local communities, including making payments, account enquiries and online banking support.

Further, LINK has also recommended an additional ATM in three locations: Dunkeld, Falkland and St David’s.

Meanwhile, Lloyds confirmed there will not be any job losses as part of the closures. It said all staff who work at these branches will be offered a role at another branch or in another part of the business.

A Lloyds Banking Group spokesperson, said: “Our customers are increasingly using digital channels to manage their money – we now have over 20 million customers choosing to bank online. Alongside our digital and mobile banking options, we’re introducing more community bankers to provide face to face banking support in communities. Customers can also bank with us over the phone, through the Post Office or in a banking hub. All colleagues at these branches will be offered a role at another branch or elsewhere in our business.”

Related: An in-depth guide to your rights when your bank branch closes