Deathwish of bank branches

Flobberchops

Ja7188 wrote: »

simply spend the coppers - self-service tills in supermarkets are great for this providing that it isn't done whilst there's a queue...

The OP strikes me as the kind of person who would insist on doing this at the Baskets Only till as they "like the human contact" and "want to keep the cashiers in a job", and damn the steadily building queue behind them

jonesMUFCforever

A lot of people believe to ''save'' their local branch they need to use it.
This is not true at all - what they need to do is make the branch profitable - changing coin and paying bills etc does not do this. Buying products such as current accounts, credit cards, Personal loans, mortgages and home insurance does this BUT of course you could find much better deals elsewhere?
For every person that does this 10 do not so the exercise is going to be futile anyway IMO.
In 10 years from now IMO there will be just a few branches today with tills and cashiers - most will be automated with a few staff helping you use these monstrosities.

Robisere

We live in a fairly large village just 2 miles from a Market Town. Over the last few years we have lost our Post Office/shop with the only ATM, and the pub/restaurant has changed hands 4 times in the 15 years that we have lived here. The Post Office has been replaced by a mobile one that calls twice a week. The pub is still open and does a good trade, supported by a decision to sell and deliver Take Aways. There never has been a bank in the village.

In the town, there are the following banks: TSB, Santander, HSBC, Natwest, Lloyds, Barclays, Halifax. As a Lincolnshire Market Town with a cattle market, it is a hub for farms and other villages: the East Lindsey area of Lincolnshire has no really big towns, but lots of villages, of various sizes, all some distance apart. People here have grown used to going into town to bank and shop. There is a thriving Market 3 times a week and obviously that means lots of cash sales. There are many small, independent shops.

For those reasons, I don't think that the banks I have listed, will close. Perhaps one of either Barclays or HSBC may go. Those two are in the Marketplace, along with the Halifax. the Natwest is on the edge of the Marketplace.