Barclays announces a further 15 branches to close this July

Barclays has announced plans to shut a further 15 bank branches this July, bringing the total closing this year to 84. 

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 it’s great to see that they’re choosing to re-invest in alternative banking solutions like 'pop-up' banks in libraries and town halls, support vans, and banking pods to cater to their rural customers and individuals who prefer not to use online banking”. 

The 15 Barclays branches that due to close in July are:

• 35 Market Hill, Sudbury, England, CO10 2EP - July 6, 2023

• 15 High Street, Chipping Norton, England, OX7 5AE - July 6, 2023

• 78 Regent Street, Kingswood, England, BS15 8LD - July 6, 2023

• 20 Bondgate Within, Alnwick, England, NE66 1TF - July 7, 2023

• 9 Castle Street, Llangollen, Wales, LL20 8PB - July 7, 2023

• 1 High Street, Canvey Island, England, SS8 7RA - July 7, 2023

• 1 Gravel Street, Wombourne, England, WV5 9HA - July 12, 2023

• 18 Main Street, Bentham, England, LA2 7HL - July 12, 2023

• 62 Station Road, Hayes, England, UB3 4DF - July 13, 2023

• 235 Northolt Road, South Harrow, England, HA2 8HN - July 14, 2023

• 7 The Cross, Oswestry, England, SY11 1PW - July 14, 2023

• 76 High Street, Yarm, England, TS15 9AH - July 14, 2023

• 1 Seafield Road, Seahouses, England, NE68 7SJ - July 14, 2023

• 61 Bow Street, Lisburn, Northern Ireland, BT28 1DR - July 21, 2023

• 3 High Street, Portadown, Northern Ireland, BT62 1HZ - July 28, 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.