“Banking Hubs provide easy, face-to-face access to cash and banking in the heart of UK communities” [Post Office]
What is the future of banking services in Sidmouth?
Following on from an earlier post: ‘The Bank of Sidmouth’ appearing soon? – Vision Group for Sidmouth
… there has been considerable debate on social media:
Why don’t all the now closed banks rent Lloyds premises and set up in there, 4 banks 1 premises
Bank Hub SIDMOUTH the best place for it of adequate size is where HSBC was all the old bank buildings are to large and these spaces would suit a more attractive transformations for our Sidmouth.
(20+) SIDMOUTH community for the people | Now that the last of the high street banks are disappearing from Sidmouth, what sort of alternatives can be pushed for | Facebook
Why on earth are people still using cash, the mind boggles?!
Older people need a bank, someone they can talk to
Bank of Dave. Good film. I wrote to the NatWest when it was announced the Sidmouth branch was closing. I suggested a hub and the response was it would work
(20+) Sidmouth Community | Now that the last of the high street banks are disappearing from Sidmouth, what sort of alternatives can be pushed for | Facebook
Today’s Nub News carries the ongoing campaign of East Devon’s MP to create a banking ‘hub’: What next for Sidmouth after last bank closes? | Local News | News | Sidmouth Nub News
With more here: Sidmouth Banking Hub Campaign | Simon Jupp MP
Here’s an example from a couple of years ago, as reported by the Daily Mail’s ‘This is Money’ pages:
Could this shared bank hub be the saviour of our High Streets? | This is Money
Here’s more from the Post Office:
Banking Hubs provide easy, face-to-face access to cash and banking in the heart of UK communities – whoever you bank with. They’re owned by Cash Access UK and operated by the Post Office, with community bankers from major banks available on different days to meet with face to face. And if you, your business or your area needs one, you can request one.
And this is from LINK:
As part of a landmark agreement between the banks and building societies, following the closure of any bank branch, LINK, the UK’s Cash Access and ATM network, will identify whether a community requires further cash services. In addition, any community without branches can contact LINK directly and ask to be assessed for support. Banking hubs provide basic banking services including counter services run by the major banks and the Post Office, and dedicated rooms where customers can see community bankers from their own bank for more complicated matters that require specialist knowledge or privacy.
LINK / Eight new banking hubs confirmed following closures
So it does appear that there are real options for a ‘Bank of Sidmouth’ after all.