Overview
- Lloyds Banking Group will close 14 branches in June 2025, including three Lloyds and 11 Halifax locations, as part of a plan to shutter 254 sites by 2026.
- Welwyn Garden City will lose both its Lloyds and Halifax branches in June, highlighting the widespread impact of these closures.
- Customer visits at the affected branches have dropped by an average of 48% over the past five years, driving the decision to reduce the physical network.
- Alternative banking options include mobile apps, telephone banking, Post Office counters, community bankers, and 139 shared banking hubs across the UK.
- Following these closures, Lloyds Banking Group will operate approximately 756 branches, down from around 2,200 a decade ago.