A Lloyds branch in Berkshire is set to close as Lloyds and Halifax announce a further 28 closures.

Lloyds Banking Group said it will be closing 20 Lloyds Bank and eight Halifax branches between August and November this year.

The Lloyds branch in Thatcham will close on Wednesday, August 24, 2022.

A union has attacked Lloyds Banking Group amid news of further bank closures and slammed the move as “inexcusable.”

Unite said a decision by Lloyds Banking Group to close another 28 branches threatened scores of job losses.

Reading Chronicle: Lloyds bank branch sign. Credit: PALloyds bank branch sign. Credit: PA

Lloyds Bank issue statement over closures

A statement said: “It remains true that online and mobile banking continue to grow, as branch usage falls.

“On average, visits to these 28 branches have dropped by 60% since 2016, while we now have 18.6 million regular online banking customers and over 15 million mobile app users.

“It is important that we therefore continue to look at where our branches are best placed.

“Each of these locations has a free to use ATM, and a Post Office, within one mile.

“As with all proposed closures, these plans have been through LINK’s independent cash-access assessment, with no enhancements required.

“We aim to support all colleagues impacted, who want to remain with the Group, a move to a new role.”

Vim Maru, group retail director, Lloyds Banking Group, said: “Branch visits have been falling significantly for several years now, and this trend is continuing.

“Our network is important, but we need to make decisions to ensure we have the right branches in the right places, as we respond to customers doing the vast majority of their banking online.”

You can see the full list of Lloyds and Halifax branches closing here.