Dozens of banks are set to shut in July as the wave of summer closures continues - check if you’re about to lose your local branch.
There are 41 banks scheduled to close in July. The vast majority (38) are branches of Santander. That follows the banking giant’s announcement earlier this year that it was shutting 95 branches from June.
Some 85 banks shuttered in June, and 69 in May. Another 13 banks are scheduled to close in August and 21 in September. It means that by the end of this year alone, 364 banks will have been lost from the high street.
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Last year, 399 banks closed, and in 2023, 633 branches shuttered. The latest closures impact every region of England as well as Scotland, Northern Ireland, and Wales.
Cornwall will be hit hardest by the latest round of closures, with four branches set to shut this month. You can find out if any branches are due to close near you in July using our interactive map.
Since a voluntary agreement saw the major banking groups commit to assessing the impact of every closure in February 2022, 1,879 bank branches have shut or announced their intention to close.
That’s an average of around 50 closures announced per month or 12 per week. The LINK initiative to assess the impact of closures - which was agreed by all the major banks including Barclays, HSBC, Natwest, Lloyds, and Halifax - was set up to ensure vulnerable customers and small businesses were not left behind in the switch to cashless payments and virtual banking.
When closures leave communities without any local bank, banking hubs or free ATMs are set up to fill the gap.
Full list of banks due to close in July