The closures of two branches of HSBC in Somerset have been dubbed a "devastating blow to the economic fabric of the community". In the second quarter of 2023, both Wells and Frome are set to lose landmark branches of HSBC UK, which provide not only services for consumers but also support traders in each town.
The former Midland Bank in Frome opened in 1923 in an iconic position in the town’s ancient market place and has a distinctive flat roof. It will close just a few weeks after the 100th anniversary of its inauguration.
On November 30, HSBC UK announced the closure of 114 branches from April 2023, with Frome’s location by the Boyle Cross due to empty its safe for the last time on Tuesday, June 6.
