Barclays branch is closing down for good

Today is the final day of trading for Barclays in the Market Place in Hinckley.

The Bank announced in August that it was closing down due to customers choosing to bank online and that only 13 customers use the Hinckley branch regularly as the only way to do their banking.

A Barclays spokesperson said: “The decision to close a branch is never an easy one. However, customers are increasingly using alternatives to branches to do their banking and, as a result, we are seeing a sustained fall in branch visits across the UK.

“This is reflected at our Hinckley branch, where we’ve seen a 66 per cent reduction in counter transactions in the last 12 months, when compared to March 2020. 91 per cent of customers who visit the branch are also using different ways to bank and only 13 customers use the branch exclusively for their banking.

“We will work with our customers and provide alternative options to ensure they can continue to manage their money and receive financial expertise when required. This includes working with the local community to find different, more flexible ways for our colleagues to continue to provide local banking support, such as through pop-up presences.”

From 4th November 20202, Barclays Hinckley customers will have to use the nearest Barclays bank in Nuneaton.

Following a consultation about the decision Barclays confirmed it would explore the possibility of a banking hub in the town:

"We’re exploring the possibility of our colleagues being present in the community after the branch closes to provide further support. As soon as we’ve confirmed the arrangements we’ll share the details locally. To keep a community focus and support the local area, everyday banking can be done at the Post Office in Hinckley. We’re helping our customers understand which transactions they can do there, how to bank from home or their business premises, and offering them support through this transition."