Lloyds Banking Group has revealed it will be closing one of its branches in south Essex this year.

The group is set to close the Lloyds Bank in Corringham later in the year as customers are "using it less often".

It comes as Barclays, Nationwide, Virgin Money, NatWest, Lloyds, Halifax and TSB have announced 132 closures between them, data from Link, a cash machine company, said.


Explaining the reason behind this closure, Lloyds Banking Group said: "Like many other high street businesses, we’ve seen people using our branches less frequently in recent years as more customers choose to do most of their everyday banking online.

"We’re responding to the way our customers use our branches. We’ll continue to invest in our branch network, but we have to make sure our branches are where customers need and use them most.

"As a result, we've made the difficult decision to close this branch because customers are using it less often. In addition the majority of customers are also using alternative ways to bank."

Figures revealed just 213 customers used the branch regularly in 12 months to October 2022, and 79 per cent using the branch have also used other Lloyds Bank branches, Internet Banking or PhoneBank.

The Grover Walk bank will shut its doors on August 21.

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