High street bank will soon close

Town centre bank to close.

Town centre bank to close. - Credit: Archant

A BANK in Nailsea is closing in June as part of the company’s restructuring process.

The Co-operative Bank in Crown Glass Place will be shutting its doors for the last time on June 15.

Paul Denton, head of branch network at The Co-operative Bank, said: “This change is part of our business plan to turn the bank around by restructuring and modernising the bank into a simpler, more efficient business.

“The decision to close our branch in Nailsea has not been taken lightly but is necessary as part of the changes we are seeking to build a sustainable business for the future.

“The nearest alternative branch is Portishead which is within five miles of Nailsea. There is also a Post Office branch within a mile where customers can undertake most day-to-day banking transactions.

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“We’re committed to maintaining the high levels of service that our personal and business customers have come to expect from us and are writing to affected customers giving them advance notice about these changes and the alternative options available to them.”

The bank is also investing more in its online services.

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