Derbyshire high street bank to close in Barclays' branch cull

A Derbyshire high street bank will close in August as Barclays carries out a major cull of branches across the country.

Monday, 23rd May 2022, 2:04 pm

The bank’s outlet in Alfreton will shut permanently on August 26, 2022.

Barclays has published a document explaining the reasoning behind the closure.

The company says 85 per cent of the branch’s customers use other ways to do their banking, such as online and by telephone.

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An Alfreton bank will close in August as Barclays carries out a major cull of branches across the country. Image: Google Maps.

Customers using other ways to do their banking has increased by 12 per cent since 2015.

In the past year, a quarter of its customers have been using nearby branches and Barclays says only 168 customers use the Alfreton branch exclusively.

A Barclays spokesperson said: “The decision to close a branch is never an easy one.

"However, customers are increasingly using alternatives to branches to do their banking. As a result, we are seeing a sustained fall in branch visits across the UK.”