Hornsea in 'dire' predicament as Natwest and Lloyds closures leave town without any banks
Lloyds Bank in Newbegin, Hornsea, will shut
By Hull Daily Mail | Posted: 5 Dec 2017
Hornsea will be in a “dire” predicament without any banks when NatWest and Lloyds shut next year, it is claimed.
Beverley and Holderness MP Graham Stuart has written to the two banks, which are axing their Newbegin branches in the town in June 2018.
Tory MP Mr Stuart said: “I’m concerned about the effect this will have on Hornsea residents’ access to banking services, particularly in the case of more elderly people who rely on going into a branch to do their banking.
“These are the people who may not necessarily have confidence in, or can even use, online banking services.
“It’s important that banking services are available to everyone, not just the tech savvy and people who are able to drive to alternative branches.
“That’s why I’ve written immediately to NatWest and Lloyds on my constituents’ behalf to raise the justifiable concerns of Hornsea residents.
“I have also asked the banks to provide information on how alternative face-to-face banking services can be accessed by my constituents.”
Ex-Hornsea mayor Cllr Lee Walton said: “Currently the only cash machine in the town centre is Natwest, so there’s the issue of not just having a place to put money in, but to take money out.
“We’ve not got a dedicated post office either, we’ve only got post offices in stores. It’s dire really.
“Because we’re a seaside town you’ll have tourists who won’t necessarily have money in their pockets and won’t know that we don’t have any banks.
“Small businesses will have to travel all the way to Beverley or to Hull to deposit money and that’s hardly going to help them thrive and flourish as we’d like them to.”
Mr Stuart has been told by the banks the decision is linked to a steep decline in the usage of traditional branches in favour of online banking services such as apps and websites.
However, he believes that traditional branches still provide a vital service in rural communities which many of his constituents rely on, particularly elderly residents.
Lloyds announced it would be axing East Riding branches at Hornsea and Pocklington as part of a raft of closures nationally.
A spokesman said: “Lloyds Bank is introducing a new mobile branch service to the Hornsea area which will provide a vital service by giving customers access to everyday banking services such as making deposits, withdrawing cash and paying bills.
“Our mobile branch colleagues will also be on hand to help customers access online banking and answer any general account or product enquiries.
“We have made the difficult decision to close the Lloyds Bank Hornsea branch in June next year due to the changing ways customers choose to bank with us, which has resulted in the branch being used less often.
“We apologise for any inconvenience that this may cause and will be speaking to customers about the new mobile branch service, which will be operational prior to the branch closing, as well as their nearest alternative branch, which is on Ings Road in Hull.”
RBS Group, who run Natwest, announced 259 national closures, including branches at Hornsea, Cottingham, Hornsea, Driffield and Pocklington and Hessle Road, Hull.
In Hornsea, transactions at Natwest have reduced by 23 per cent since 2012, with now only 70 customers visiting the branch on a weekly basis.
The firm says the decision has been made as more customers turn to online banking.