TSB has announced plans to close 36 bank branches in a move that will see around 250 jobs axed.
A TSB Spokesperson, said: “The decision to close a branch is never taken lightly, but our customers are now doing most of their banking digitally and we need to move to a better balance of digital and face-to-face services.
“We remain committed to a national branch network and through innovation and integration with video, telephone, digital, branch and other face-to-face services TSB customers have more ways to bank with us than ever before.”
According to the banking giant, the decision to close these branches comes in response to changing consumer habits,
Some 96 per cent of all TSB transactions now take place outside of a branch and the bank has reported a 43 per cent drop in the number of customer transactions across its branch network in the past four years.
Since 2020, TSB’s branch counters have processed 2.5 million fewer transactions, representing a decline of more than 60 per cent.
Have you been impacted by bank branch closures? Get in touch by emailing [email protected].
Some 250 jobs at the bank will axed as part of the move
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Here is a full list of the bank branch closures from TSB that will be rolled out from this year, according to the bank’s website:
- Alloa
- Bedworth
- Birmingham, Pype Hayes
- Bridlington
- Buxton
- Carmarthen, Blue Street
- Cwmbran, General Rees Square
- Dovercourt
- Edinburgh, Leith
- Felixstowe
- Frome
- Glasgow, Cardonald
- Glasgow, Castlemilk
- Haddington
- Hounslow
- Lerwick
- Leven
- London, Bethnal Green
- London, Clapham
- Longton
- Manchester, Middleton
- Newcastle Upon Tyne, Milvain
- Peterhead
- Sheerness
- Stornoway
- Torquay, St Marychurch
- Whitehaven
- Amble
- Aylsham
- Banff
- Bedlington
- Bude
- Crook
- Flint
- Tenbury Wells
- Whitchurch.
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