Lloyds, Halifax, Bank of Scotland to Shut More Branches: Is Yours Closing?

Lloyds Banking Group has announced a significant reduction in its branch network, impacting its Lloyds, Halifax, and Bank of Scotland locations. Starting from May, a total of 95 branches will close by March 2027. This follows a closure of 49 branches scheduled for October and the previous year’s announcement of 136 branch closures.

Details of the Closures

The breakdown of the upcoming branch closings is as follows:

• 53 Lloyds branches
• 31 Halifax branches
• 11 Bank of Scotland branches

After these closures, Lloyds will retain 610 branches, maintaining its status as the UK’s largest mortgage provider. The exact number of staff affected has not been released, but employees from the closed branches will be offered alternative roles within the organization.

Reasons for Closure

As customer preferences shift toward online banking, physical branches are becoming less feasible. Over 21 million customers currently utilize Lloyds’ smartphone apps as their primary banking method.

List of Affected Branches

The following locations will be closing:

• Lloyds Bank:
  • Aberdare
  • Altrincham
  • Birkenhead
  • Birmingham (multiple locations)
  • Bournemouth
  • Bristol
  • Cardiff
  • Cleansed areas across England and Wales
  • Various cities including London, Sevenoaks, and more
• Halifax:
  • Ashington
  • Billingham
  • Bognor Regis
  • Cardiff (multiple locations)
  • Nottingham
  • Other towns across the UK
• Bank of Scotland:
  • Aberdeen
  • Balivanich
  • Glasgow
  • Other Scottish towns

Customer Flexibility

The spokesperson for Lloyds emphasized the need for flexible banking options. They noted that customers now desire the ability to manage their finances in a way that suits their lifestyles.

With advanced digital services and community banking initiatives, Lloyds aims to adapt to changing consumer demands while maintaining customer service quality.