Barclays announce Sidmouth branch to close

PUBLISHED: 16:48 03 August 2018 | UPDATED: 16:57 03 August 2018

Barclays in Sidmouth is the latest bank to close in Sidmouth. Picture: Google Street view

Barclays in Sidmouth is the latest bank to close in Sidmouth. Picture: Google Street view

Archant

Sidmouth is set to lose another bank as Barclays announces it will be shutting its doors later this year.

The High Street branch will shut for good on Friday, November 16, with customers advised to use the Post Office or travel to the bank’s Honiton and Exmouth branches, nine and 11 miles away.

It follows the closure of NatWest this year and the Co-operative in 2016, leaving Lloyds, Santander and HSBC as the only branches in the town.

Michael Watts, community banking director for Barclays Devon and Cornwall, said: “The way customers undertake their banking is changing as people increasingly use online, telephone and mobile devices.

“At Barclays Sidmouth branch, customer usage has continued to decline and additionally 75 per cent of our branch customers are also using other ways to do their banking such as online and by telephone.

“On average 41 per cent of our customers now regularly use alternative branches and this figure is even higher for our business customers.

“We’ve also identified that 175 customers use the counter to solely undertake their banking, which is why we have taken the difficult decision to close the branch.”

A spokeswoman said customers will receive a letter and document explaining the closure with posters displayed in the branch window.

She added the bank would be ‘proactively engaging’ with local businesses and the community to discuss alternative ways for customers to bank locally before the closure.

The spokeswoman said: “Staff will be relocated to nearby branches

“We urge any customer who is concerned about how to undertake their banking once the branch closes to contact us so that we can discuss alternative banking options.”

Are you a Barclays customer? What do you make to the closures? Let us know at sidmouth.letters@archant.co.uk

Comments have been disabled on this article.

Other News Stories

Volunteers provide a weekly round-up of local news stories in audio format, for people with visual impairments

Read more

Sidmouth is expected to come to a standstill as part of a people’s march to mark 100 years since the end of World War One.

Read more

Fresh plans to build a multi-million pound business park at Sidford have been refused on account of the number of lorries to would bring.

Read more
07:00

Two more independent shops will close their doors, disappearing from the town’s high street for good.

Read more
Yesterday, 11:00

Sidmouth Repair Cafe upcycles two broken benches to make a strong new seat

Read more
Sunday, October 14, 2018

Clever acting brings to life a motley crew of comedy gangsters

Read more
Sunday, October 14, 2018

An eight-year-old bookworm has joined a growing list of youngsters to complete a literary challenge to read 100 books.

Read more
Sunday, October 14, 2018

Ex-England batsman turned commentator David ‘Bumble’ Lloyd paid a visit to Sidmouth, seeing queues out the door at his latest book signing.

Read more
Sunday, October 14, 2018

Fiona Taylor, of Christopher Piper Wines, discusses a delightful wine for an autumn evening.

Read more
Sunday, October 14, 2018

Roger Woolland talks about his love for the town

Read more

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 17°C

min temp: 12°C

Most Read News

Useful Links

Family notices
Advertise in the paper
Submit a Story
Submit a Story
Buy Photos
Competitions
iwitness24
Facebook
Twitter
Google Plus Page
Reader Travel

Family Notices 24

Read Online

Image
Read the Sidmouth Herald e-edition E-edition

Newsletter Sign Up

Sidmouth Herald twice-weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy


Show Job Lists


Find planning applications