Town centre bank to close

The bank will close in June.

The bank will close in June. - Credit: Archant

A town centre bank in Weston is set to permanently shut later this year as the company pushes ahead with plans to become more ‘efficient’.

The Co-Operative bank, in Alexandra Parade, will shut its doors for good on June 15.

The firm said in a letter to Weston Town Council that the decision to close the branch ‘had not been taken lightly’, but formed part of the Co-Operative’s plans to improve its online services.

A spokesman for the company said in the letter: “These changes form part of the bank’s business plan to return us to a position of strength as we restructure and modernise into a simpler, more efficient business.

“This decision has not been taken lightly and our customers are our main priority.

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“While our branch network remains an integral part of our overall customer service offer, we are investing in our digital offering to provide customers with new, innovative ways to service their accounts, as the trend for consumers to move their day-to-day accounts online accelerates.”

Central ward councillor Richard Nightingale called the announcement disappointing.

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He said: “At a time when so many companies are recognising the long-term commercial attraction of creating more jobs in Weston, it’s unfortunate the bank has taken purely a short-term view.

“I hope the bank will also live up to its promises and commitment to employees and customers.”

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