Porthcawl is getting a new banking hub from LINK, the UK’s cash access and ATM network. It follows the announcement of the closure of the seaside town’s last remaining high street bank branches.
LINK, which is supported all the main UK banks and aims to provide communities with continued access to cash when branches close, said its Porthcawl hub is one of eight across UK in its latest rollout. It currently has four hubs at Brixham (Devon), Cambuslang (Lanarkshire), Cottingham (East Riding of Yorkshire) and Rochford (Essex).
The new banking hub in Porthcawl will be delivered by Cash Access UK. Over the next few weeks it will begin to engage with the local community and identify potential sites. The hub is expected to open early next year. It follows recent decisions to set up hubs in Welshpool and Prestatyn. LINK is also taking forward a community request for a banking hub in Abergele, which is expected to become operational early next year.