March 31, 2023|Blog
Find out which ones are going and your options if affected.
There’s been yet another announcement by a big high street bank that the doors will close on a number of branches this year.
This time it’s the turn (again) of Lloyds and Halifax bank. Here’s what you need to know.
In this article
1 When are the banks closing?
2 What to do if your branch is closing
3 Which Halifax branches will close in 2023?
4 Which Lloyds Bank branches will close in 2023?
5 Which Bank of Scotland branches will close in 2023?
6 Which branches have already closed in 2023?
When are the banks closing?
Lloyds and Halifax have announced that 26 Lloyds, 9 Halifax and four Bank of Scotland branches will go this summer.
Back in January, the banking group announced 40 branches will close between April and June this year. 22 will be Lloyds and the remaining 18 will be Halifax. That’s on top of 3 previously announced to go this year and another 16 which closed at the start of the year.
Add that to the 186 which went in 2022 and another 100 in 2020 and 2021, and you’re looking at a huge number of closures.
What to do if your branch is closing
For most of us it probably means very little. When did you actually last need to use a branch? If you aren’t at all fussed about losing access to a branch’s facilities you don’t have to do anything (though more in a moment about why you could).
For others who do regularly visit a branch it will make a huge difference. The obvious solution is to open up another account at a bank which does have a local branch near you. You don’t have to switch to this new bank (which would mean the closure of your Lloyd or Halifax account) if you don’t want to, but doing so does have some advantages.
All your Direct Debits, standing orders and payments into your account will be moved over for you, so you won’t need to change anything manually. And right now you could get a switching bonus of up to £200.
But if you do switch you’ll lose access to benefits you get with these banks. The main perks are:
- Halifax Reward Account – £5 a month, or 12 cinema tickets a year, or 24 movie rentals a month (account review)
- Club Lloyds Account – 6.25% regular saver plus 6 cinema tickets a year, Disney+ or a magazine subscription (account review)
Personally I’d stick with the account but open up a new account for whichever alternative you have nearby (here’s a full list of the different perks they offer).
And even if you aren’t bothered, I’d still do this. I think it’s always handy to have physical access to a bank. You never quite know what will happen with online and app banking, and having the option to talk to someone can make things easier.
Plus if you do need to withdraw or pay in large amounts of cash, you’ll probably want to do that in person too.
Which Halifax branches will close in 2023?
You can find out why Halifax is closing your local branch, including information about alternatives nearby on Halifax’s website.
March 2023 announcement
- Catford, London
- Emersons Green Retail Park, Bristol
- Denton, Greater Manchester
- Mirfield, West Yorkshire
- Tadcaster, North Yorkshire
- Otley, West Yorkshire
- Newton Aycliffe, County Durham
- Porthcawl, South Wales
- Newmarket, Suffolk
Source: The Guardian
January 2023 announcement
- Aldershot – Union Street – April 26
- Bangor – High Street – April 17
- Bletchley – Queensway – May 18
- Chester Le Street – Front Street – April 19
- Chingford – Chingford Mount Road – May 15
- Chorlton-cum-Hardy – Barlow Moor Road – April 27
- Crouch End – Broadway Parade – April 27
- Golders Green – North End Road – May 3
- Grays – High Street – June 22
- London – Fenchurch Street – April 19
- Maldon – High Street – June 5
- Norbury – London Road – May 4
- Purley – Purley Parade, High Street – June 22
- Putney – Putney High Street – May 4
- Redruth – Fore Street – May 16
- St Neots – High Street – June 6
- Surbiton – Victoria Road – May 10
- Whitley Bay – Park View – June 21
2022 announcement
- Leeds – Headrow – March 29
- Sheerness – High Street – 18 May
Which Lloyds Bank branches will close in 2023?
To find out why your branch is closing, Lloyds has published details on each decision.
March 2023 announcement
- Bretton, Peterborough
- Benton, Tyne and Wear
- Fulwell, London
- Woodlands, Doncaster
- Chapeltown, Sheffield
- Highbury Corner, London
- Carlton, Nottinghamshire
- Cambridge, Chesterton Road
- Shepton Mallet
- Hazel Grove, Stockport, Greater Manchester
- Holborn Circus, London
- Threadneedle Street, London
- Tumble, Carmarthenshire
- Eckington, Sheffield
- New Mills, Derbyshire
- Corringham, Essex
- Wotton-under-Edge, Gloucestershire
- Bridge Street, Downham Market
- Shirebrook, Derbyshire
- Sidmouth, Devon
- Porthcawl, south Wales
- Withernsea, East Riding of Yorkshire
- Wellington, Somerset
- Newcastle upon Tyne, Newburn
- East Horsley, Surrey
- Ystradgynlais, Powys, Wales
Source: The Guardian
January 2023 announcement
- Aintree – Longmoor Lane – June 6
- Beckenham – High Street – April 20
- Beeston – The Square – May 11
- Borehamwood – Shenley Road – May 22
- Chingford – Station Road – April 25
- Dagenham – The Heathway – April 26
- Gillingham – High Street – April 25
- Harrow – Northolt Road – June 29
- Hyde – Clarendon Place – June 21
- Ipswich – Bramford Road – May 4
- Littlehampton – Beach Road – May 23
- London – Marylebone High Street – May 3
- Newport – High Street – June 13
- Norbury – London Road – April 19
- Pontefract – Ropergate – April 20
- Ripley – Oxford Street – June 14
- Rustington – The Street – June 5
- Shaftesbury – High Street – June 13
- Twickenham – Heath Road – May 11
- Weybridge – Church Street – May 10
- Whitstable – High Street – May 11
- Wickersley – Bawtry Road – May 15
2022 announcement
- Lampeter – 15 May
Which Bank of Scotland branches will close in 2023?
March announcement
- Bearsden, East Dunbartonshire
- Edinburgh Royal Mile
- Glasgow Pollokshields
- Cults, Aberdeen
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Which branches have already closed in 2023?
The following closed in January 2023:
Lloyds Bank
- Bishops Waltham
- Caldicot
- Cheddar
- Cinderford
- Cleobury Mortimer
- Helston
- Hollyhead
- Llandrindod Wells
- Looe
- Pwllheli
- Slaithwaite
- Wallingford
- Welshpool
Halifax
- Birmingham
- Coleraine
- Leeds
