Lloyds and Halifax branches to close in Diss and Dereham

Four high street banks are in line for closure across the two Norfolk towns

Closing: The Lloyds in Dereham
Author: Holly Williams, PAPublished 30th Nov 2023

Branches of Lloyds and Halifax in Dereham and Diss are to close down next March, as part of a wave of nationwide cutbacks.

Lloyds Banking Group stressed that all affected branch staff will be offered other roles at another branch or in a different part of the business, with no compulsory redundancies planned.

The latest closures take the total number of high street branches shut across the sector to 623 so far this year.

The Halifax on Church Street in Dereham will close on March 14, following by the branch on Market Place in Diss on March 20.

Meanwhile, the Lloyds on Market Place in Diss will shut on March 21, followed by the branch in Dereham on April 4.

It means that at least 276 branches will be shut across Lloyds, Halifax and Bank of Scotland this year and next.

The closures announced will leave the group with 515 Lloyds Bank branches, 413 Halifax and 133 Bank of Scotland sites.

There has been a massive exodus of branches from the high street in recent years.

The largest number of closures announced this year have been Barclays branches, with the bank saying 185 of its sites are set to shut.

Lloyds is second with 131, followed by NatWest with 116, Halifax with 94, Virgin Money with 40, Bank of Scotland with 32, Ulster Bank with 10, TSB with nine, Royal Bank of Scotland with five, and one Nationwide branch.

A Lloyds Banking Group spokesman said: "The way customers choose to bank with us has changed rapidly in recent years, and we now offer a wide range of options for their everyday banking needs.

"This includes our mobile app, online and over the phone.

"Customers can also bank with us through the Post Office, in a Banking Hub, or by speaking to a Community Banker."

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