More branches to shut

Closures leave 14 communities with no bank

Bank of Scotland branchFourteen communities will have no bank after Bank of Scotland today announced another round of branch closures.

Melrose, Polmont and Scone are among those that will be left with hole-in-the-wall machines and possibly a mobile bank.

Altogether the bank is closing 23 in Scotland. They are among 200 being shut by Lloyds Banking Group.

The branch in St Andrew Square, Edinburgh, is among those scheduled to shut. It is not known if it will be turned over to hospitality use similar to the neighbouring former Royal Bank of Scotland branch which is being converted into a hotel, restaurant and serviced apartments.

A Bank of Scotland spokesman said that “in most cases” the closures were a result of falling customer demand while in others it was because of overlaps with other nearby branches.

He said:” “These changes will not result in any compulsory job losses. We aim to redeploy everyone currently working at a closing branch to alternative Bank of Scotland branches.”

The Bank spokesman said that cash machines and mobile banking was also available in those where branches were closing.

The proposed closures are:

Aberdeen  – John Street, Aberlour, Bishopton, (last bank) Broadford, Isle of Skye (last bank), Coupar Angus, Cullen (last bank), Currie, (last bank) Drumnadrochit (last bank), Edinburgh – St Andrew Square and Stockbridge.

Edzell (last bank), Fochabers (last bank), Glasgow – Central Station, Inveraray, Kinghorn (last bank), Lochcarron (last bank), Macduff (last bank), Melrose, New Pitsligo (last bank) Perth – West End, Polmont (last bank), Portsoy (last bank) Scone (last bank)

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