MP providing support to get Pershore a new banking hub - The Evesham Observer

MP providing support to get Pershore a new banking hub

Evesham Editorial 19th Sep, 2023   0

WEST WORCESTERSHIRE MP Harriett Baldwin has offered her support to the team opening a new banking hub in Pershore when Lloyds closes its branch.

Ms Baldwin met with Link which runs the national cashpoint network and now has the responsibility to support communities left without any high street bank.

A senior director has already visited the town to confirm there is a clear need for a banking hub and it has triggered the start of the process of locating a venue for the new service.

Following the meeting, the MP wrote to Lloyds Bank, the Financial Conduct Authority and Cash Access – the company which is opening the hub – to ensure that the work is carried out as soon as possible.

Ms Baldwin has asked for a formal confirmation from Lloyds that it would not leave the town until the permanent replacement plan was operational.

She has also offered her support to Link and Cash Access to get a plan in place.

She said: “I had a positive meeting with Link and was pleased to hear the team has already visited Pershore and seen the importance of delivering face-to-face banking to this vibrant town’s residents and business people.

“I recently met with the Lloyds and TSB local management and, in the room, they committed to keeping the bank open until the new banking hub is operational.”

She added – to reinforce the pledge – she had written to the chief executive of Lloyds Banking Group for his commitment.

And she said she understood that was a requirement if every high street bank left the area.

“In other areas, the banking hub has taken a long time to get in place, so I have offered my full support the to team which is identifying a site and getting a hub up and running.”

Link’s Chief Commercial Officer, Adrian Roberts, added: “I have now visited Pershore and agree that, with Lloyds Bank closing, the beautiful market town needs a banking hub.”

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