Yet another local bank to close
Lloyds Bank have announced that their Madeley branch will close for good due to decreasing numbers of transactions made by customers.
As we do more online, the banks are constantly reviewing the profitability of branches, resulting in an ever-decreasing number.
What does the future hold when you have to physically go into a branch to sort out a problem or pay a cheque in?
Post offices are providing a simple deposit and withdrawal service for a number of bank brands such as Santander and RBS Nat West, but is this enough?
Would you change banks based on the convenience of having a branch locally?