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01

Oct 2020

Business
Business

Harrogate TSB to close next month

Published: 1 Oct 2020, 12:46 BST

by Connor Creaghan

Comment

0

The closest TSB bank for customers who need to go into a branch will be in Leeds. The Co-operative Bank in Harrogate is also due to close shortly.

harrogate-tsb
Harrogate TSB on Oxford Street.

Harrogate TSB will close next month, with the bank attributing the move to a shift in customers to online banking.

The branch on Oxford Street, which was part of the first wave of 82 TSB closures announced last year, will close on November 27 .

TSB has since announced a further 164 branch closures as part of plans to save £100 million by 2022.

When the Harrogate branch closes, the nearest TSB bank will be in Leeds.




Read more:



  • Central Harrogate bank to close by December

  • Knaresborough’s only bank to remain open for time being

  • Plan for a home at former Knaresborough high street bank






A TSB review into the use of the Harrogate branch found 73 customers visited it regularly each month.

It also revealed weekly transactions had gone up in 2019 compared to the same time in 2016.



Debbie Crosbie, chief executive of TSB, said:

"We are reshaping our business to transform the customer experience and set us up for the future. This means having the right balance between branches on the high street and our digital platforms, enabling us to offer the very best experience for our personal and business customers across the UK."


Another central Harrogate bank, The Co-operative Bank, is due to close by December 1. The Co-op also blamed a drop in footfall for it closure.