Ribble Valley village's last bank to close

A Ribble Valley village is to lose its only bank due to more customers turning to online banking.

Friday, 19th January 2018, 3:18 pm
Updated Friday, 19th January 2018, 3:25 pm
Barclays Bank in Whalley.

Barclays Bank on King Street in Whalley will close its doors on Friday, May 4th, with customers forced to use alternative branches in Clitheroe, Accrington and Blackburn.

The news has angered some customers with one, Andrew Wallin, who travels from Ribchester to use the branch, calling the decision "disgusting".

Mr Wallin (30), said: "It's disgusting because it's our local branch which has been there for donkey's years. The staff who work there go out of their way to help customers."

One of the borough councillors for Whalley, Coun. Terry Hill, said he was sad to hear the news and that it will be a real blow for the village.

"Losing the last bank in Whalley is a huge blow particularly for local business people I would have thought," said Coun. Hill.

He added that hopefully the banking services offered by Whalley Post Office will alleviate any repercussions resulting from the bank's closure.

A spokesman for Barclays Bank confirmed that the bank, which is situated between Whalley Wine Shop and Checkmate on the village's main street, will close.

He said that there will be no job losses and that the branch's employees will be deployed to other local branches.

Customers using online and alternative ways of banking was blamed for the closure.

“The way customers undertake their banking is changing as people increasingly use online, telephone and mobile devices," he said. "At Barclays Whalley branch, 71 per cent of our customers now regularly use alternative nearby branches. Taking this into consideration along with the alternative ways to bank that are available in the area, we have made the difficult decision to close it."

He added: "We hope that the availability of our other Barclays branch on Castle Street in Clitheroe and access to services at the local Post Office located at 98 King Street, Whalley, along with our range of digital channels will help to ease the transition for our customers.”