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Home News Business

Another bank to close next week

by Andrew Batt
July 2, 2024
in Business, Community, Featured, News, Wokingham
The bank will close next week.

The bank will close next week.

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Wokingham town centre will lose another bank next week with the planned closure of Lloyds TSB in Market Place.

Earlier this year, Wokingham Today revealed the branch is set to close as part of contraversial development plans for 19-21 Market Place that will see 60 new flats, three new retail units and a public square.

The closure of Lloyds TSB on July 8 will mean Wokingham will be left with just one bank – HSBC – and two building societies, Nationwide and Newbury. In recent years, the town has lost branches of Santander, Barclays, and Halifax.

Reconfirming the closure, a spokesperson for Lloyds TSB told Wokingham Today: “Some 86% of our personal customers already use other ways of banking, such as mobile, internet or phone banking, as well as other branches.

“Mobile banking gives people 24/7/365 access to their finances. Customers can see all their money in one place, pay in cheques, apply for finance, check their credit score and message our customer support teams.

“We use some of the latest technologies and systems to help keep our customers, and their money, safe. Our mobile apps are also compatible with standard device screen readers.

“The nearby Post Office at 26-28 Market Place offers personal and business customers everyday banking services, access to cash, paying in cheques, and more.

“The nearest free-to-use ATM is a short walk away, and there are six free-to-use ATMs within half a mile of the closing branch.”

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The spokesperson confirmed its customers can also use any Lloyds Bank branch, such as Bracknell, for their banking, alongside other options such as the Post Office, online, mobile and telephone banking.

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