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GOODBYE BANK: Another Berkhamsted bank closes as residents move to online banking

 Published on: 5th February 2023   |   By: Darius Morgan   |   Category: Uncategorized

Yet another Berkhamsted bank closed its doors for good last month.

The NatWest branch on the High Street officially closed on January 25, claimed by the epidemic of closing banks that has swept through the town in recent years.

Next door to the now vacant NatWest sits the former Lloyds Bank, which closed in March 2022. Branches of Barclays and Santander also once lined the High Street, but no longer.

A spokesperson for NatWest revealed to Berkhamstednews that counter transactions for personal customers decreased by 77 per cent between January 2019 and January 2022, and the branch was only used by one regular customer in 2021.

The spokesperson said: “As with many industries, most of our customers are shifting to mobile and online banking, because it’s faster and easier for people to manage their financial lives.

“We understand and recognise that digital solutions aren’t right for everyone or every situation, and that when we close branches, we have to make sure that no one is left behind.

“We take our responsibility seriously to support the people who face challenges in moving online, so we are investing to provide them with support and alternatives that work for them.”

How do you feel about banks disappearing from the High Street? Send your thoughts, concerns and feelings to newsbase@mynewsmag.co.uk

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