TSB to shut 70 branches — see if yours is affected

SB is axing 70 more branches next year including one on Baker Street in Central London.

It the latest bank to say that customers are switching to digital services as it shuts branches.

The closures come on top of 164 closures announced in 2020. Around 150 jobs are affected, though TSB said the people would be offered alternative roles.

“Closing branches is an incredibly difficult decision to take, but we have to respond to the changes in the way people bank and provide the right mix of services for all our customers now and into the future.

“These changes allow us to maintain an extensive branch presence across the country. They are accompanied by a significant investment programme to upgrade branches to better suit customer needs. And, where it takes longer to get to the nearest branch, we will introduce more ‘pop-up’ services in communities.”

Trade union Unite called the move a “bitter blow”. MPs are also likely to be critical.

TSB chief executive Debbie Crosbie has been in the frame to become the next boss of Nationwide.

This move might be a blow to those chances, however.

The bank dates back to 1810 when as the Trustee Savings Bank it looked after the finances of the working poor.

It was famed for the slogan “The bank that likes to say yes”, but lately has used “Local banking for Britain.”

TSB is now owned by Spanish giant Sabadell.

It added: “By the end of the year, TSB will also have upgraded around 140 branches to help deliver the best experience for TSB’s personal and business customers, including introducing new technology and creating a more open and flexible layout so they deliver what customers need. The bank has already opened ‘pop-up’ services in 41 communities across the country where it takes longer to get to the nearest branch. A further ten are planned following this announcement.”

TSB said that in recent years it had seen a “significant decrease in branch use” and that it saw “no prospect of branch transactions returning to pre-COVID levels”.

Here are the affected branches

Aylesbury – 1-3 Market Street – 19 April Barnsley – 17 Market Hill – 16 June Bath – 10 Quiet Street – 15 June Bermondsey – 253/255 Southwark Park Road – 27 April 27 Bishop’s Stortford – 3 The Corn Exchange – 26 May Bromley – 58 High Street – 18 May Bury St Edmunds – 8 Guildhall Street – 26 May Camberley – 54 High Street – 5 May Cambridge – 6 St Andrews Street – 20 April Cleveleys – 77 Victoria Road West – 8 June Colchester – 2 Culver Street West – 31 May Coldside, Dundee – 101 Strathmartine Road – 13 April 13 Cirencester – 37 Market Place – 14 June Denton – 38 Ashton Road – 17 May Ealing – 31 New Broadway – 5 May Eastbourne – 76 Terminus Road – 17 May Ellon – 36 Bridge Street – 19 April Exeter – 6 High Street – 21 June Forfar – 20 East High Street – 14 April Forres – 156 High Street – 27 April Fort William – 6 Tweedale High Street – 20 April Frodsham – 96 Main Street – 22 June 22 Garston – 6 Speke Road – 9 June Gateshead – 264 High Street – 10 May Gillingham, Dorset – Sydenham House – 15 June Greenwich – 6 Crescent Arcade – 28 April Harlesden – 58 High Street – 28 April Horsham – Springfield Court – 12 May Kirkintilloch – 4 Alexandra Street – 28 April Lanark – 25 Bannatyne Street – 27 April 27 London West End – 68 Baker Street – 4 May Longbridge – 1401 Bristol Road South – 28 June Louth – 11-13 Eastgate – 24 May Maidstone – 16 High Street – 10 May Maryport – 109/111 Senhouse Street – 10 May Melton Mowbray – 23-25 High Street – 1 June Morden – 66 London Road – 11 May Morecambe – Lunedale House – 7 June Nelson – 23 Manchester Road – 18 May Newbury – 26 Northbrook Street – 7 June Newton Aycliffe – Unit 3B, Greenwell Road – 3 May Northallerton – 164 High Street – 3 May Norwich – 65 Magdalen Street – 28 June Ossett – 3 Wesley Street – 17 May Oxford – 17 George Street – 7 June Redcar – 87-89 High Street – 4 May Redditch – 4 Unicorn Hill – 2 June Retford – 1 Carolgate – 24 May Romford – 3 Stewards Walk – 31 May Ross-On-Wye – 9a Gloucester Road – 22 June Rushden – 133 High Street – 21 April Sherwood – 583 Mansfield Road – 29 June Shrewsbury – 45 High Street – 28 June Solihull – 58 Poplar Road – 1 June Southend-On-Sea – 32 London Road – 2 June Stranraer – 21 Castle Street – 28 April Sutton – 79 Ellamsbridge Road – 26 May Swaffham – 61 Market Place – 24 May Taunton – 34 North Street – 12 April Thornbury – 9 St Mary’s Way – 9 June Thurso – 12/14 Traill Street – 21 April Tunbridge Wells – 62 Mount Pleasant Road – 19 May Uxbridge – 24 Chequers Square – 4 May Weston-super-Mare – 12 Walliscote Road – 23 June Wilmslow – Emerson Court, Alderley Road – 14 June Wimborne – 5 The Square – 13 April Winsford – 160 High Street – 21 June Woodseats, Sheffield – 1 Abbey Lane – 15 June Worcester – 24 Mealcheapen Street – 21 June Yeovil – King George Street – 12 April