Wearside Liberal Democrats are calling on Lloyds Baking Group to save ‘vital’ branches in Sunderland, after the bank announced it will close a further 200 banks.
The company today announced that they are axing 3,000 members of staff and closing 200 high street branches by 2017.
“I have written today to Lloyds to find out more about their closure plans and to urge them to keep the Chester Road branch open.”Coun Niall Hodson
The bank – 10% of which is still owned by the British taxpayer – had previously announced 200 bank closures in 2014, bringing the total number of branches that will be axed to 400.
Liberal Democrats in Sunderland have said that they fear that local branches like those on Sea Road in Fulwell and on Chester Road in Millfield could be included as part of the bank’s next closure programme.
The bank also has a branch at Southwick Green, one in Houghton as well as Washington branches in The Galleries and in Blue House Lane, Concord.
Lib Dem councillor for Millfield Niall Hodson said: “Having a local bank is vital for the thriving high street on Chester Road.
“People across Millflield and Barnes who don’t want to have to go into the town or use online banking rely on the Chester Road branch, as do many local businesses.
“I have written today to Lloyds to find out more about their closure plans and to urge them to keep the Chester Road branch open.”
Liberal Democrat campaigner for Fulwell and Seaburn Diana Talbott Matthew added: “Lloyds Bank on Sea Road is vital for local residents and businesses to be able to carry out transactions and get business coinage without having to go all the way into the city centre.
“Whilst Lloyds hasn’t said yet which branches will go, I fear that if the Sea Road bank were to close it would make life difficult for many Lloyds customers, particularly the elderly, vulnerable or those without a car.”