Another bank to close its Grantham branch

Barclays bank has announced the closure of its branch in Grantham on Wednesday 17^th April 2024.

It is one of the latest 20 branches in the UK announced today.

A spokesman said: “The decision to close a branch is never an easy one, however, the way people bank today is unrecognisable from 50 years ago when almost every banking transaction took place in a branch. Now, that number is 10 per cent, and we need to make sure that we are providing our services in ways that best reflect customers’ needs, including outside of traditional branch formats.

“This ongoing change in behaviour means we are seeing a sustained fall in customer transactions across our network, and this is reflected at the Grantham branch where there has been a 77 per cent reduction in counter transactions in the last twelve months, compared to the twelve months to March 2020.

“In addition, we can identify that 92 per cent of our customers at the branch are using alternative ways in which to undertake their banking, including via the telephone, online and mobile app.

“Despite the branch closure, we are confident that access to banking remains sufficient in the local community; everyday transactions can be completed at any Post Office, with the closest located across the road at 49-51 High Street, Grantham NG31 6NE. There are a number of free-to-use ATMs within one mile, with the nearest being Nationwide at 22 High Street, Grantham NG31 6PH, while the closest Barclays branch is located in Nottingham.

It follows the closure of Virgin Money 18 months ago and Halifax in November last.

Barclays originally occupied the building now the home of The Old Bank.

Full list of 20 latest Barclays bank branch closures announced today

• Barnard Castle – 17 January 2025
• Birmingham Longbridge – 18 April 2024
• Bishops Stortford – 12 April 2024
• Bridgend – 12 April 2024
• Burton-on-Trent – 11 April 2024
• Clacton-on-Sea – 18 April 2024
• Cockermouth – 17 January 2025
• Ely – 11 April 2024
• Forest Gate – 11 April 2024
• Grantham – 17 April 2024
• Kirkby Stephen – 12 April 2024
• Lincoln Tritton Road – 12 April 2024
• Neath – 19 April 2024
• Penrith – 17 April 2024
• Pickering – 17 January 2025
• Ramsgate – 19 April 2024
• Rochdale – 18 April 2024
• South Kensington – 12 April 2024
• Tredegar – 17 January 2025
• Ystrad Mynach – 17 January 2025