With consumers using online banking more frequently, it is inevitable that high street branches will be closing their doors.

Barclays has announced the closure of a third Northamptonshire branch.

Barclays stated customers are increasingly using “alternative” ways of banking.

The Weston Favell branch will close on 22 March 2022.

Barclays said they are safeguarding their staff and there would be no redundancies.

Barclays recently announced its branches in Daventry and Towcester would close in February.

A spokeswoman said: “We will work with our customers and provide alternative options.”

In a recent report detailing the reasons for the closure, Barclays confirmed that the footfall had decreased and that only 40 customers used the branch as their only way of banking. This means that over 90% of its customers now used other methods of banking including online and by telephone.

A spokeswoman for Barclays said deciding to close a branch was “never an easy one and that an 8% drop in over-the-counter transactions in the two years before the pandemic has caused the bank to make this decision”.

Nearby branches in Wellingborough Road and The Drapery will remain open.

https://www.bbc.co.uk/news/uk-england-northamptonshire-59461218

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