Lloyds Financial institution in Market Sq. will completely shut down on October 31 – the most recent in an extended checklist of closures introduced by the banking large.
A Lloyds spokesman mentioned: “Visits to our Lytham department have fallen over current years, as many shoppers now select to financial institution in several methods. When the department closes in October, prospects can proceed to financial institution with us on the Put up Workplace and may entry money at numerous free ATMs close by.”
The corporate lately introduced that 90 of its branches throughout the UK are to shut by September as extra prospects flip to on-line banking. Amongst these is the Lloyds Financial institution in Market Place, Poulton, which is about to shut on August 3.
In 2021, Lloyds turned the final financial institution nonetheless working in Lytham following the closure of the Santander department on Clifton Road.
Its closure signifies that the city can have misplaced all seven of its banks in as a few years, with RBS shutting down in 2015, Natwest and HSBC in 2017, and Barclays in 2019.
Lloyds mentioned that 75 per cent of its prospects already use different methods of banking, akin to telephone or web banking.
Lytham prospects who don’t use web banking shall be directed to the Put up Workplace on Park Road, which affords on a regular basis banking companies, entry to money, and the paying-in of cheques.
The closest free-to-use ATM is 0.08 miles away, and there are 5 free to make use of ATMs inside one mile of the closing department.
“We’re contacting prospects to allow them to know in regards to the alternate native banking companies out there,” the spokesman mentioned.