South West Mutual reveals plans for Ottery as part of regional bank

There are fears for the future of the high street bank:

Sidmouth loses another high street bank

 

In Ottery St Mary, where the last of the high street banks has left town, there are experiments happening:

 

Ottery set to benefit from regional bank proposal

“There are more people choosing to use digital banking much more, but that doesn’t mean that people do not want branches anymore.

“But we can’t support the size of branch networks that banks had in the ’50s, ’60s, ’70s.

“The answer is this hybrid branch, which is entirely capable of self-service with nobody there, though our intention in each community is to see when would be the critical times to try to have a personal assistant when people really do need to use one-to-one.”

South West Mutual reveals plans for Ottery as part of regional bank | Latest Sidmouth and Ottery News – Sidmouth Herald

   
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