Barclays announce 15 more branches to close in 2023
Barclays has announced plans to shut a further 15 bank branches this year. The closures bring the total number of Barclays branches set to close this year to 26.
Barclays have said their customers behaviour has changed significantly in recent years, with the vast majority choosing to do their banking online.
Coupled with a recent spate of banks in the UK announcing closures of their branches, this news means rural communities have been left without access to bank branches or ATM’s.
The elderly and those without access to the internet are typically the worst affected by the closures.
In response to further Barclays branch closures, founder and CEO of My Community Finance, Tobias Gruber, said:
“It’s becoming increasingly common for banks to close their high street branches as more customers shift to online and digital banking methods.
“In the case of Barclays, the closure of these branches will result in cost savings for the bank, so I hope they choose to re-invest in improving their digital and telephone banking services for their loyal customers, as well as providing more ‘pop-up’ banks and support vans for their rural customers who may not have access to the internet.
“If you’re a Barclays customer and need branch access and don’t have alternative services nearby, you might want to consider switching to a bank with a physical branch in your area - although there are no guarantees that they will remain open for long.”
The 26 Barclays branches that have closed or are due to close in 2023 are:
- Amersham (4 Sycamore Road HP6 5DT) - January 3, 2023
- Ellesmere Port (100 Whitby Road CH65 0AD) - February 3, 2023
- Liskeard (The Parade PL14 6AR) - February 3, 2023
- Weymouth (2B St Mary Street DT4 8PB) - March 3, 2023
- Dagenham (227/231 Heathway RM9 5AN) - March 3, 2023
- Guiseley (45 Oxford Road LS20 8AE) - April 12, 2023
- Hunstanton (42 High Street PE36 5AQ) - April 12, 2023
- London (260 Walworth Road SE17 1JF) - April 13, 2023
- Bargoed (1 Hanbury Road CF81 8XA) - April 14, 2023
- Barnoldswick (5 Church Street BB18 5UR) - April 14, 2023
- Flitwick (3 Station Road MK45 1JS) - April 14, 2023
- Macclesfield (10 Market Place SK10 1HA) - April 14, 2023
- Milton Keynes (8/10 High Street, Woburn Sands MK17 8RN) - April 18, 2023
- Shenfield (93-95 Hutton Road CM15 8JE) - April 19, 2023
- London (104/108 Tower Bridge Road SE1 3NG) - April 19, 2023
- London (304 Green Street E7 8LG) - April 20, 2023
- Bishop Auckland (55 Front Street, Stanhope DL13 2TU) - April 21, 2023
- Warley (70 Birmingham Road, Rowley Regis B65 9BA) - April 21, 2023
- Keswick (Market Square CA12 5BE) - April 21, 2023
- Leeds (390 Harrogate Road LS17 6PY) - April 21, 2023
- Bridlington (6 Manor Street YO15 2RU) - June 3, 2023
- Swansea (16 Newton Road, Mumbles SA3 4AU) - July 3, 2023
- Sleaford (21 Market Place NG34 7SS) - August 3, 2023
- Torquay (39/40 Fleet Street TQ2 5DL) - August 3, 2023
- Sittingbourne (85 High Street ME10 4AW) - August 3, 2023
- Birmingham (161 High Street, Kings Heath B14 7LA) - October 3, 2023
About Tobias Gruber
Tobias Gruber is the founder and CEO of My Community Finance. For the past 30 years, he's been a prominent leader in investment banking and asset management for some of the sector's most renowned banks, including Credit Suisse, SwissBank, JP Morgan and Morgan Stanley.
Fast forward to 2018, Tobias launched My Community Finance to provide a platform for the financially excluded, helping people to get back on their feet with ethical and socially responsible lending. Within 36 months, My Community Finance has become accountable for 25% of borrowing within the credit union sector.
Tobias has experienced first-hand how certain areas of the finance world are ripe for change and is a passionate advocate for using fintech to help people and solve society's economic problems.
About My Community Finance
My Community Finance is on a mission to transform how its customers manage their money by giving them access to ethical alternatives through two of the U.K.'s biggest credit unions: My Community Bank and Castle Community Bank.
Credit unions give a lifeline to customers who struggle to access mainstream credit by introducing them to financial communities that don't prioritise profits and whose unique regulatory structure means they can offer fairer rates.
Based in London and launched in 2018, My Community Finance is fully authorised and regulated by the Financial Conduct Authority and is a trading name of Amplifi Capital (U.K.) Limited, which has offered ethical and responsible financial products to near-prime consumers since 2015.
