Banking hubs to replace Norfolk's closing bank branches

Banking hubs provide counter services and face-to-face assistance to people in towns left without bank branches, with staff from different banks being available on different days of the week.

Tim Adams, the leader of NNDC, has said banking hubs will replace north Norfolk’s closing bank branches.

“Unfortunately, it’s very likely that we will lose all of our existing high street bank branches, so it’s important that we get ahead of the game in north Norfolk,” he said.

“We’re working hard to bring banking hubs to our towns in the district.

“I think this is definitely the way forward for north Norfolk to replace the inevitable reduction - or ending - of our high street banking provision.

“I’m really excited to start moving ahead with this over the next few years.”

READ MORE: How new banking hubs could replace closing bank branches in north Norfolk

Tim Adams, leader of North Norfolk District Council (NNDC) (Image: Supplied)

The call for banking hubs in north Norfolk comes as Barclays announced that its Hoveton branch is set to close at the end of this year.

It is the latest of a string of closures, which includes Lloyds pulling out of both North Walsham and Cromer – leaving both with just one branch each.

READ MORE: Barclays bank's Hoveton branch to close in north Norfolk

On July 24, Mr Adams and Steffan Aquarone, the Liberal Democrats’ prospective parliamentary candidate for North Norfolk, visited a banking hub in Acton, in London.

The banking hub, which opened in Acton High Street six weeks ago, offers banking services as well as access to cash.

Barclays announced its Hoveton branch will be closing at the end of the year (Image: Google Maps)

Mr Adams said banking hubs can be a “valuable” asset to communities.

“There are customers popping in and you can see it’s really valuable to them - they’ve lost all of their bank branches and are struggling to access cash,” he said.