Overview

• 85 bank branches from NatWest, Lloyds, Halifax, Santander and Bank of Scotland will close in June, bringing the 2025 total to 240.
• Banks attribute the wave of closures to a surge in online and mobile banking and a steep decline in in-branch visits.
• Since February 2022, 1,879 branches have been shut or earmarked for closure under a voluntary impact-assessment agreement.
• Financial Conduct Authority data shows 9.7 million adults still visit branches monthly while 3.3 million made no online banking transactions last year.
• Shared banking hubs, free ATMs, Post Office partnerships and community bankers are being deployed to maintain cash access in affected areas.