Lloyds confirm closure of South Shields branch
Lloyds Banking Group have confirmed the South Shields Lloyds branch will close in October.
Another bank will close in South Shields as giant brand Lloyds has confirmed it will close its town centre branch.
The announcement is part of a series of closures across the UK with Lloyds and Halifax confirming 79 branches are due to shut their doors for the final time.
South Shields’ current nearest Lloyds Bank is on King Street, but will soon be on Sunderland’s Fawcett Street or Bedford Street in North Shields.
The banking group confirmed the branch will close on Monday, October 12.
Despite this closure, the brand has said little will change for customers, with all account holders able to use Halifax, which is part of the Lloyds Banking Group.
A Lloyds Banking Group spokesperson: “With access to one of the biggest branch networks in the UK, customers can now use any of our Lloyds or Halifax branches, including the nearby Halifax branch.
“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.”
All South Tyneside Lloyds customers will be able to use Halifax on Ocean Road which will remain open.
The Halifax branch’s opening times are 9.30am to 3.30pm on Monday, Tuesday, Thursday, and Friday. It is also open between 9.30am and 1pm on Saturdays.
The latest wave of closures comes just months after Lloyds Banking Group announced it would shut 95 branches in February.
If all the planned closures go ahead, the group will be left with 531 branches across Britain.
Elsewhere across the North East, the Lloyds branch in Wallsend will also close.
The brand has added they are contacting account holders to let them know about the alternate local banking services available and to offer support for vulnerable customers.
All workers within the closed branches are expected to be offered new roles at another branch or within a different part of Lloyds Banking Group.
Customers will also be able to use the nearby Post Office, deposit cash at a local PayPoint, and contact the brand by phone.