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The branch will shut this summer
Fishponds is set to lose its final high street bank this summer. Lloyds Banking Group announced the Fishponds Road branch will close on August 6 leaving the area was just the Post Office for those wanting a face-to-face banking service.
It follows the departure of NatWest last September. A spokeswoman for Lloyds said: “Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before.
“From our leading apps and 24/7 messaging service to local banking options like our community bankers, PayPoint and access to all of our Lloyds, Halifax and Bank of Scotland branches, we’re giving our customers the flexibility to bank wherever and whenever they need us.”
The closure marks the complete exodus of major banks from Fishponds, which saw Barclays depart in 2020 and HSBC leave in 2015. NatWest previously cited a 53 per cent drop in in-person visits over five years as the reason for its withdrawal, noting that 77 per cent of its customers used online banking.
Lloyds is closing 95 branches across the UK in this latest round, including 53 Lloyds sites, 31 Halifax locations and 11 Bank of Scotland branches.
Cash access network Link said 14 new locations will receive a banking hub in order to protect access to cash across the country. Whether this will include Fishponds has not been announced.
Banking hubs are shared spaces operated by staff at different banks on different days, offering services including withdrawing and depositing cash and paying bills.
Lloyds did not specify how many members of staff will be impacted by the closures, but all those who work at the branches will be offered a role at another branch or in another part of the business, a spokesman said.
It is the latest swathe of branches to be axed, with Lloyds in the middle of its latest round of closures which will see 49 sites shut down by October. That followed 136 closures announced around a year ago.
Lloyds will have 610 branches remaining once all the previously-announced closures are complete. Other closures affecting the wider region include branches in Clevedon and Street, which are both scheduled to shut on March 15.
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