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Nottingham Post
Nottingham Post
World
Joshua Hartley

Nottinghamshire town where all banks closed to host new 'banking hub'

A Nottinghamshire town that was left without a bank will host one of nine new 'banking hubs'. Banking hubs are a shared banking space on the high street, with dedicated rooms where customers can see community bankers from their own bank.

The community bankers work on rotation, with a different banking provider available on each day of the week. One of the new hubs will be set up in Stapleford, with others planned in Clay Cross, Derbyshire and Oakham, Rutland, following assessments by the cash access and ATM network operator Link.

Conservative MP Darren Henry, who represents Broxtowe, previously said the closure of The Nottingham building society's Stapleford branch, which was announced in September, would leave the town centre with no banking services. The Conservative MP said it was "unacceptable" as high street banking is a "lifeline" for many people.

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