High Street bank to close

Natwest, in Market Street, Atherton

Natwest, in Market Street, Atherton

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A POPULAR bank is to close down at the end of the year following a fall in custom.

NatWest, in Market Street, Atherton, will formally shut its doors on November 26, after the number of transactions had dropped by 23 per cent since 2011.

Customers will be able to check their balance, deposit and withdraw funds, and business clients can get coinage at Atherton Post Office, in Market Street, which is less than half a mile away.

There are five Post Offices within 2.5 miles of the branch and there are 17 free to use ATMs within one mile.

NatWest also has four other branches within 5.5 miles. The nearest branch, Leigh, is 2.6 miles away, which is it investing up to £250K in this year.

A spokesman for NatWest said: “We are committed to following the UK Government protocol on branch closures, and we have made the decision following careful consideration of a wide range of factors including branch usage and the alternative ways our customers can bank with us locally.

“Our customers are increasingly using alternative ways to bank with them such as online and mobile banking. “As a result, branch transactions have declined by around 36 per cent since 2010 whilst online and mobile transactions have grown by more than 300 per cent. Only nine per cent of their total transactions are now undertaken in branches in comparison to 25 per cent in 2010.

“We are writing to all of our customers who use the branch, as well as displaying posters in branch to let them know of the closure.

“Between now and the closure date, we will engage with all of our customers, local businesses and the wider local community to make sure they are aware of the alternative ways of accessing their banking with us in the local area, and to answer any questions they might have.”