Blow as Denmead’s last bank Lloyds reduces its hours

NatWest in Denmead closed and now Lloyds has cuts its opening hours
NatWest in Denmead closed and now Lloyds has cuts its opening hours
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A VILLAGE’S last remaining bank has reduced its opening hours to three mornings a week.

Lloyds in Denmead, will now only open on Monday, Thursday and Friday for half a day.

It will mean for the other two weekdays people must go into Waterlooville to do their banking or use the Post Office.

Councillor Kirk Phillips, who represents Denmead on Winchester City Council, said: ‘It’s quite a blow to the village, there’s no doubt.

‘We used to have two banks.

‘NatWest was a fantastic little branch – very helpful.

‘It was a great sadness that it closed. Now Lloyds is cutting back.

‘Unfortunately I think we have to accept that banks have been very naughty in the past and they are having to cut back. So much is done by card nowadays and I suppose you can use the Post Office for more and more banking now.

‘But local banks are an essential part of the community’.

Richard Hallett, of Forest Road, campaigned unsuccessfully to save the NatWest branch before it was closed in 2011. He said: ‘It’s disappointing in a growing community that they should reduce services.’

In a statement, a spokesman for Lloyds banking group confirmed the new opening hours are 9.30am to midday on Mondays, Thursdays and Fridays.

He added: ‘We have made changes to the opening hours in our Denmead branch as of June 1. These changes have been made to more closely reflect the usage of the branch and the needs of our customers in the area.

‘We continually review opening hours across our branches to ensure they are open at the right times for our customers in each individual location.

‘We have analysed how and when our customers use our branches and the way in which our customers do their banking has significantly changed.

‘We are seeing fewer customers going into branch for simple transactions.’