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Wales Online
Wales Online
National
Ryan O'Neill

Closure of town's last remaining bank leaves older residents 'ignored'

The closure of a Welsh town's last remaining bank will leave its older residents "ignored", it has been claimed. Caldicot is set to lose its Lloyds branch which has announced it will close for good next January.

The bank is closing due to falling use among locals in the past few years, with residents in Caldicot being diverted to the Post Office on Newport Road or to the Lloyds branch in Chepstow. It means the town will now be without a bank, although there is still a Monmouthshire Building Society on Newport Road.

A Lloyds spokesperson confirmed the closure, noting that 78% of its customers already used other ways of banking such as over the phone or internet banking as well as other branches. Customers are being contacted about the alternate services available, which include eight ATMs within four miles of the Lloyds branch.

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