Another high street banking chain announces branch closure for Boston
Another high street banking chain has announced plans to close its branch in Boston.
Halifax is due to vacate its long-standing home in Market Place on October 29.
The chain forms part of the Lloyds Banking Group, after being acquired by Lloyds TSB in 2009.
A spokesman for the group said its customers – whether they bank with Lloyds, Halifax or Bank of Scotland – can use any of its branches. This means, after Halifax closes in Boston, customers will be able to access services across the Market Place at Lloyds.
The spokesman added: “Alongside other local banking options like our Community Bankers, the nearby Post Office, PayPoint, plus our leading apps and 24/7 messaging service, we offer our customers more choice and convenience than ever before.”
The group said it would be contacting customers to let them know about the alternate local banking services available and to offer support for vulnerable customers.
All colleagues will be offered a role at another branch or in another part of our business, they added.
The closure is part of a trend in the banking sector, driven by changes in customer demand and behaviour as more people bank online.
In January, Santander and NatWest announced plans to close their branches in the town.
Santander, in Wide Bargate, gave April 28 as the last day, while NatWest, in Market Place, gave yesterday (June 11).
At the time, The Standard spoke to the remaining banks in the town centre, asking them about their plans.
Unlike the other establishments, a formal comment was not provided by Lloyds and Halifax. However, a spokesman said that no announcement had been made about the branches, adding if this were to change colleagues and customers would be the first to know.