Lloyds Banking Group is shutting another 45 branches across its network amid its ongoing shift away from the High Street. The proceed includes branches of Halifax and Bank of Scotland.
The group is closing 22 Halifax branches, 19 Lloyds branches and four in the Bank of Scotland business. Lloyds stressed all affected branch staff will be offered other roles at another branch or in a different part of the business, with no compulsory redundancies planned.
It comes just a week after NatWest Group said it plans to shut another 19 branches, mostly in the early part of next year.
The latest round of closures takes the total number of high street branches shut across the sector to a staggering 623 so far this year.
Lloyds is set to close the bulk of the branches in March and April, with some also closing in August and a tranche in November. It means at least 276 branches will be shut across Lloyds, Halifax and Bank of Scotland this year and next.
The closures announced will leave the group with 515 Lloyds Bank branches, 413 Halifax and 133 Bank of Scotland sites.
There has been a massive exodus of branches from the high street in recent years.
The largest number of closures announced this year have been Barclays branches, with the bank saying 185 of its sites are set to shut.
Lloyds is second with 131, followed by NatWest with 116, Halifax with 94, Virgin Money with 40, Bank of Scotland with 32, Ulster Bank with 10, TSB with nine, Royal Bank of Scotland with five, and one Nationwide branch.
A Lloyds Banking Group spokesman said: “The way customers select to bank with us has changed rapidly in recent years, and we now offer a wide range of options for their everyday banking needs. This includes our mobile app, online and over the phone.
“Customers can also bank with us through the Post Office, in a Banking Hub, or by speaking to a Community Banker.”
Shares in Lloyds Banking Group fell to £43.34 as of 11am on Thursday (November 30), a drop of -0.26 percent.
See below if your local bank is one of those impacted and what date they are set to close.
Halifax branches:
Lymington – High Street – March 11
Macclesfield – Chestergate – March 11
Barnet – High Street – March 12
Orpington – High Street – March 12
Dereham – Church Street – March 14
Stamford – High Street – March 14
Barry – Holton Road – March 18
Dartford – High Street – March 18
Penrith – Middlegate – March 19
Diss – Market Place – March 20
Stafford – Greengate Street – April 8
Whitehaven – King Street – April 9
Ilford – High Street – April 15
Morley – Windsor Court – April 16
Daventry – High Street – April 17
Herne Bay – Mortimer Street – April 17
Borehamwood – Shenley Road – April 18
Spalding – Bridge Street – April 18
Bridgwater – Fore Street – April 23
New Milton – Station Road – April 23
Dagenham – Heathway – May 15
Hessle – The Square – August 15
Lloyds branches:
Shotton – Chester Road West – March 13
Ruislip – High Street – March 13
Penrith – King Street – March 19
Diss – Market Hill – March 20
Willesden Green – Walm Lane – March 21
Brackley – Market Place – March 26
Selby – Market Place – April 3
Newtown – High Street – April 3
Rochester – High Street – April 4
Putney – High Street – April 4
Dover – Market Square – April 11
Mexborough – Main Street – April 22
Caernarfon – Pool Street – April 30
Burnham-on-Sea – High Street – November 13
Whitley Bay – Whitley Road – November 13
Poole – Ashley Road – November 13
Warminster – Market Place – November 14
Droitwich – Victoria Square – November 14
Rugeley – Upper Brook Street – November 14
Bank of Scotland branches:
Glasgow – Byres Road – March 21
Tarbert – Harbour Street – April 29
Bowmore – Shore Street – May 8
Helensburgh – Shore Road – August 15
