Lloyds Bank has announced the closure of its Abingdon branch on 8 Ock Street. The closure is scheduled for July 24th, 2024.
Lloyds Banking Group announced plans to close 176 branches across the UK in 2024 and 2025. The closures reflect a national trend towards online banking. The Didcot and Oxford branches will remain.
The closure is likely to be a blow to the elderly or those less comfortable with technology. Lloyds say after the branch closes, a Community Banker will be available to support customers in the local area one day a week.
In 2023, Lloyds were granted planning permission to demolish the existing rear extension and build 8 new flats without parking. The commercial unit on Ock Street will be reduced in size.
This follows the closure of Barclays, over the road from Lloyds, in February 2024, where the signs and cash machine are gone.