Long Sutton to lose TSB branch in March 2021
The last remaining bank in Long Sutton is to close next year, it has been announced today.
TSB has confirmed that its branch in West Street will shut for good on Thursday, March 11, 2021.
The latest blow to Long Sutton, where a branch of Barclays Bank was closed down in August 2018, comes ten months after it was announced that the West Street branch was not included in a 82-branch closure programme unveiled by TSB in November 2019.
Debbie Crosbie, TSB chief executive, said: "Closing any of our branches is never an easy decision, but our customers are banking differently – with a marked shift to digital banking.
"We are reshaping our business to transform the customer experience and set us up for the future.
"This means having the right balance between branches on the high street and our digital platforms, enabling us to offer the very best experience for our personal and business customers across the UK.
"We remain committed to our branch network and will retain one of the largest in the UK."
Long Sutton is among 164 branches set for closure as part of the bank's three-year strategy announced last year, with 900 staff set to lost their jobs.
Coun Jack Tyrrell, one of three South Holland District Council members for Long Sutton, said: "It's a big shocker and it's shame because all the shops are full, it's very busy on Fridays because the market has 13-15 stall.
"We have a great town here so I can't believe that TSB is closing and I really don't understand it."