27 June 2024 , 19:14
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Branches across three of the bank’s brands will be closing
A Major high street bank has announced it will be shuttering 60 more branches.
Lloyds Banking Group is closing the locations between October this year and June 2025, The Sun can exclusively reveal.
It is closing 28 Lloyds Bank branches while 17 Halifax locations will shutter and 15 Bank of Scotland branches.
Lloyds Banking Group said the use of the 60 branches had fallen by an average of 52% to 68% over the last five years.
It added 19million customers now use its banking apps.
A spokesperson said: “Mobile banking is more popular than ever with over 19 million customers choosing our app to manage their money.
"Alongside our app, customers can bank online, over the phone, at a Banking Hub, a Post Office or by speaking to one of our Community Bankers."
Here is a full list of the bank branches that will close:
Lloyds
Halifax
Bank of Scotland
Lloyds Banking Group said there are alternative banking arrangements in place in the 60 locations it is closing bank branches.
This includes Post Offices, or free to use ATMs, which let you withdraw cash.
It added 28 new Community Bankers, which offer banking services and bank account support and are based in community spaces, will be introduced to assist impacted residents.
All members of staff who work at the 60 branches earmarked for closure will be offered alternative roles at another branch or in another part of the business.
When all 60 locations have shuttered, Lloyds Banking Group will operate 947 branches across the UK.
This will include 466 Lloyds Bank branches, 373 Halifax sites and 108 Bank of Scotland locations.
This is the full list of where Lloyds Banking Group will be introducing Community Bankers:
Lloyds
Halifax
Bank of Scotland
It comes with thousands of bank branches closing across the UK, leaving some without one for miles around.
Data from the Office for National Statistics (ONS) reveals that the number of bank branches in operation across the UK fell from 14,689 in 1986 to 5,745 in 2023.
Over the same period, the number of building society branches in operation fell from 6,954 to 1,925.