Major changes are coming to high street banking across Greater Manchester, with 24 branches set to close nationwide, including two in our region. For Oldham residents, this could mean adjusting to new ways of managing their finances as familiar bank branches disappear from local high streets.

Banks including Halifax, Lloyds, NatWest, and Bank of Scotland are closing branches, citing a shift in customer behaviour towards online and mobile banking. This trend has accelerated in recent years, with fewer people visiting physical branches for everyday transactions.

The closures have sparked significant concern among community groups and elderly residents, who often rely on in-person support for banking tasks like paying bills or withdrawing cash. Many fear that without local branches, vulnerable customers could struggle to access essential services.

In a statement, NatWest acknowledged the impact of closures but emphasised alternatives. 'We've recently announced that we're closing some branches. You can still bank with us in many other ways,' a spokesperson said. 'Banking has changed dramatically in recent years. There's more demand for mobile and online services, allowing you to benefit from a faster and easier way to bank.' They added that customers would be informed and supported throughout the process.

To address the loss of physical branches, NatWest and Lloyds Banking Group—which operates Lloyds Bank, Halifax, and Bank of Scotland—are introducing temporary community banking events and dedicated banking hubs in some areas. These services aim to maintain access to cash and face-to-face assistance, particularly in communities with limited digital options.

Of the affected branches, two are located in Greater Manchester. A Halifax branch in the region is earmarked for closure, while Lloyds Bank in Altrincham has already shut down. Other closures include branches in Birmingham and Wolverhampton, with dates set later this year. While no closures are listed directly in Oldham, residents who bank with these institutions may need to travel further or rely on alternative services.

Local leaders have urged banks to ensure that customers are not left without support. The availability of banking hubs and mobile services will be crucial for Oldham's older population and those without easy access to online banking. Residents are advised to check with their bank for personalised guidance during this transition.

For more details on specific closure dates and alternative banking options, customers can visit the respective bank websites—Halifax, Lloyds, NatWest, and Bank of Scotland all provide updated information online and through customer service channels.