Lloyds Bank Closures: Earlestown residents slam decision to leave town without a bank

The news was announced on Wednesday, October 20 as part of a national strategy from Lloyds Banking Group, who will close 41 branches across the country due to changes in customer behaviour.

In a statement, Lloyds said the "difficult decision" to close the branch on Bridge Street was made because customers are using it less often and choosing alternative ways to bank such as mobile banking.

The numbers of regular customers using the branch are said to have decreased from 480 last year to 169 this year, and residents that are unable to use mobile banking are advised to use the nearest alternative branch in St Helens town centre, or your local Post Office.

Nevertheless, residents in Earlestown have voiced their opposition to the changes with many concerned about those who do not use mobile banking.

Beverley Kilgannon said: "Such a stupid idea. It's the only bank left. It's the elderly I feel sorry for who don't use computers or phones."

On a similar note, Tina Black posted: "My partner and myself both still physically go into our bank and building society. Online banking isn't practical for us."

Pat Levett said: "Not everyone is able to travel to bigger towns, even with public transport. Bad decision."

While Shane Peet questioned: "How can we have a town with no bank?"

The move has also brought contempt from local councillors and MPs who are concerned of the lack of physical branches for residents.

Along with other councillors in the area, Seve Gomez-Aspron explained he has contacted the bank to ask what plans are in place for the property once the branch vacates the premises, as well as what support will be offered to those losing their jobs.

St Helens North MP, Conor McGinn

Also voicing his opposition, St Helens North MP, Conor McGinn stated: “This is a huge blow for residents and businesses in Earlestown who bank with them, particularly elderly and vulnerable customers who might find it hard to access viable alternatives.

“I have contacted Lloyds Banking Group to ask for a full explanation of the decision, including clarity on the future of the branch’s workforce and assurances on access to key services and use of the ATM for customers.”

The plans, which could lead to 178 job losses across the country and deny thousands of customers access to vital services and cash, will take place from January to April in 2022.

Earlestown's branch will close in March, while Prescot residents will also see their branch close in February.