Nelson bank announces closure plans

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Nelson’s NatWest bank is to close its doors this summer.

The coompany announced this week that it is to shut the branch on July 27th due to a drop in customers using the facility.

A NatWest spokesman said: “We are closing this branch because the number of transactions at the branch has reduced by 23% since 2011, and only 85 customers use the branch on a regular weekly basis.

“Fifty two of these customers already use other branches in the area.

“Our customers are increasingly using alternative ways to bank such as online and mobile banking.

“As a result, branch transactions have declined by around 46% since 2010 whilst online and mobile transactions have grown by more than 400%.

“Only 9% of their total transactions are now undertaken in branches in comparison to 25% in 2010.

“We have reached an agreement with the local Post Office, which is close to the branch, so that our customers can pay money in, take money out, check balances and business customers can get coinage.