Thursday, 06 July 2017 08:09

Update following the closure of Lloyds Bank in Torrington

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When the announcement was made that Lloyds was to close the Town Clerk immediately wrote an email to the Chief Executive of the bank. He explained the hardship that such a closure would bring to the town and how inconvenient the loss of the ATM would be. The bank replied that a lack of use by customers made the branch uneconomic and it would close.

It was felt the bank had not complied with the Banking Protocol for closures and a complaint was referred to the Financial Ombudsman. The Ombudsman decided not to pursue the complaint.

An alternative provider has been contacted by the Town Council and is very interested in helping the town. At the same time a planning application has been made to Torridge District Council for a new cash machine to be installed. It will take a few weeks before a decision can be made.

Please see below email from the Town Council to LLoyds Bank:-

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Read 44 times Last modified on Thursday, 06 July 2017 08:21
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