Halifax has confirmed its branch on Bangor High Street will close on 17 April 2023.

 

 

Following an in depth review the Halifax said: “Like many other high street businesses, we’ve seen people using our branches less frequently in recent years as more customers choose to do most of their everyday banking online.

“We’re responding to the way our customers use our branches. We’ll continue to invest in our branch network, but we have to make sure our branches are where customers need and use them most. As a result, we’ve made the difficult decision to close this branch because customers are using it less often. In addition the majority of customers are also using alternative ways to bank.”

Transactions at the Bangor branch have fallen by 64% in the last five years, with only 109 customers using the branch regularly in 12 months to July 2022.

Bangor customers are already banking in other ways the review found:

  • 24% of customers using the Bangor branch have also used other Halifax Branches
  • 66% of customers using Bangor branch have also used other Halifax Branches, Online Banking or Telephone Banking
  • 32% of customers using Bangor branch have also used the Post Office.

The nearest alternative branch to Bangor is in Llandudno.

The property was listed with agents Lambert Smith Hampton earlier this month as a building with ‘redevelopment potential’  although it’s noted to be in poor condition, and it is therefore likely that extensive works would be required before any letting could be achieved.

For more information about the closure, please visit: https://www.halifax.co.uk/banking-with-halifax/community-bankers.html