Black Country customers of two major banks set to lose local branches
Black Country customers of two major banks are set to lose their local branches after planned closures were announced.
The Halifax branch in Stourbridge and the Lloyds branch in Cradley Heath have both been named on a list of branches for NatWest, Lloyds, Halifax, and the Bank of Scotland to close down from the start of 2024.
The closures are among 36 branches from four of Britain's biggest banks stretching across the country from the Isle of Arran, in Scotland, to Penzance in Cornwall, with the Stourbridge Halifax branch scheduled to close on January 10 and Lloyds in Cradley Heath on February 8.
Lloyds will have 18 branches shutting their doors, 15 Halifax banks will close, two at Bank of Scotland, while NatWest has announced one closure, with the closures beginning in 2024.
Both Halifax and Lloyds explained that the closures in Cradley Heath and Stourbridge were due to a fall in branch visitors and more people moving to online banking.
