Louth’s Barclays bank branch to close in January

Barclays has confirmed that their bank branch in Louth town centre will be permanently closing in January 2022.
By James Silcocks
Published 7th Oct 2021, 10:38 BST
Updated 7th Oct 2021, 11:55 BST
The Barclays bank branch in Louth. (Photo: Google)The Barclays bank branch in Louth. (Photo: Google)
The Barclays bank branch in Louth. (Photo: Google)

This morning (Thursday), a Barclays spokesperson confirmed to the Louth Leader: “The decision to close a branch is never an easy one. However, customers are increasingly using alternatives to branches to do their banking.

“As a result, we are seeing a sustained fall in branch visits across the UK. This ongoing change in behaviour means we are seeing a sustained fall in customer transactions across our network.

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“At the Louth branch we can identify that transactions are down by 10% and 83% of our customers at the branch are using alternative ways in which to undertake their banking, including via the telephone, online and mobile app.

“We have also identified that in total 135 regular customers use this branch exclusively for their banking and do not interact with us in other ways.