Lancing’s final essential road financial institution to shut

Nationwide introduced that it’s going to shut its North Street department later this yr, leaving the village with solely the submit workplace to fulfill its banking wants.

A spokesperson for the constructing firm mentioned transactions had declined and the overwhelming majority of Lancing’s clients had been utilizing different branches.

In consequence, the department would shut on July 8.

Across the country in Lancing.  Pic: Google SUS-210415-084017001
Throughout the nation in Lancing. Pic: Google SUS-210415-084017001

“Branches are necessary to Nationwide and we all know our members worth the customized service they supply,” mentioned the spokesperson.

“We’re dedicated to sustaining our department community, modernizing over 200 branches and investing over £ 225million since 2017.

“We proceed to observe how our members use branches and once in a while we have to make powerful – however rigorously thought of – selections for the advantage of all of our members. On this case, we made the choice to shut the Lancing department.

“Over the previous 5 years, we have seen transactions drop steadily on the department and know {that a} excessive proportion of members use at the very least one among our close by branches.

“In Lancing, 77 p.c of members use different branches whereas solely 3 p.c of members use this department frequently and completely.

“With this in thoughts, now we have invested within the neighboring Worthing department. We consider it will present our members with one of the best head to head expertise.

“We may also be internet hosting a ‘Tea and Tech’ session on Might 7 at Lancing for members who need extra details about close by branches and assist and help for on-line companies.”

Nationwide mentioned it could search to seek out “ different roles ” for workers at its Lancing department.

With the village inhabitants set to extend dramatically as the event of New Monks Farm nears completion, residents had been pissed off to see one other service leaving the primary road.

This raises explicit considerations for much less cell individuals who could discover it troublesome to journey to a extra distant department, particularly those that aren’t comfy with the expertise for on-line banking.

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About Stacy Yu

Stacy Yu

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