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Birmingham Post
Birmingham Post
Business
David Laister

East Yorkshire to welcome one of the first UK banking hubs

One of the first banking hubs in Britain will open in East Yorkshire next week.

Cottingham will welcome the new concept facility following successful pilots in Scotland and Essex as the loss of individual banks is countered in communities. It follows the opening of a hub in Brixham, Devon, as well as the trials in South Lanarkshire and Rochford.

The village adjoining Hull was selected when Lloyds, the last bank there, announced it was to close in September. It has been established in the former branch in Hallgate. The hub offers a face-to-face facility that will allow customers to access their account, deposit cash and cheques, pay bills and make withdrawals.

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