Lloyds has announced it is to close its banks in Hanham and Downend.
It is part of Lloyds Banking Group’s latest round of closures affecting a total of 56 branches.
The closure of the branch in Hanham High Street on 3rd June will leave Hanham without a bank. The HSBC closed some years ago and the NatWest shut in 2018.
Today a shocked chairman of Hanham Business Community Partnership, Bernard Jackson, said: “It is another nail in the coffin for the High Street.” He said the bank is always busy when he visits and he has to queue.
Lloyds said: “We are constantly transforming our branch network as we reflect changing customer demand for branch transactions and service. Sometimes this will mean we make the difficult decision to close branches.”
Lloyds says counters at the Hanham branch are 20% quieter than a year ago. A total of 439 of its customers use the branch on a regular monthly basis.
The nearest Lloyds will be the Kingswood branch 1.19 miles away and Lloyds says there are regular buses between Hanham and Kingswood with a journey time of around 15 minutes.
Last September Lloyds closed its Staple Hill branch – the last bank in the town – due to customers using it less often. At the time it referred customers to the Badminton Road branch in Downend less than a mile away.
But now Lloyds has announced that the Downend branch too will close on 6th May. HSBC and Yorkshire Building Society still have a presence in Downend.
Lloyds says counters at Downend are 18% quieter than a year ago. A total of 266 of its customers use the branch on a regular monthly basis
They are now being advised that the Fishponds branch is 1.6 miles away and that there are regular buses between Downend and Fishponds taking around 15 minutes.
Lloyds says customers can use their local Post Office for many everyday banking transactions. Cash machines at both banks will also close but Lloyds says there are nearby free-to-use cash machines in both Hanham and Downend.
Responding to the latest closures, the financial services union Accord said: “These are the first closures to be announced since August 2019 and the scale will take some by surprise.
“The overall level of staff reductions expected as a result of the closures is under 80 (full-time equivalent) as many of the staff are expected to be redeployed into other branches. But every branch that closes, however small, has an impact on our members and the bank’s customers.
“For our members, there’s the possibility of disruption to their working hours and work-life balance. And for customers, the inconvenience of getting used to where their nearest Post Office is.
“We fully appreciate that the demand for high street branch banking is diminishing as customers increasingly move to app-based banking but we’ll be examining LBG’s plans to ensure that they’re properly thought through and robustly evidenced.
“So far, all branch closures have been managed without compulsory redundancies and Accord expects the same outcome here.
“We’ll be contacting our members who are impacted by the closures to offer support and representation.”