NatWest banks close in Cheddar and Burnham-on-Sea
PUBLISHED: 15:00 12 October 2017
NatWest in Cheddar and Burnham-on-Sea are the latest banks to close its doors this week.
The company is one of a number of banks in Somerset to close, including HSBC which closed a number of its branches earlier this year.
The bank announced its impending closure in March, saying the number of transactions at its Cheddar branch have dropped by 46 per cent in six years and it says online banking is to blame.
Now both the Cheddar branch, in Bath Street, and the Burnham branch, in Regent Street, closed on October 10.
Media relations manager Sean Palmer told the Mercury back in the Spring it was the ‘radical’ change to online banking which had prompted the closure.
MP James Heappey said NatWest were ‘failing to recognise’ the broadband problems in the area as well as the large elderly community who would be ‘digitally excluded’ by the closures.