Three Shropshire TSB branches to close

TSB branches in Albrighton, Church Stretton and Ellesmere are to close in the new year.

TSB
TSB

They are among 164 branches the bank is shutting as more people move to online banking.

High Street, Albrighton, is set to close on January 12, followed by The Square, Ellesmere on February 10 and High Street, Church Stretton, on May 12.

The closure programme in the new year will see the loss of around 900 jobs at the bank which has its headquarters in Edinburgh.

The closures will leave it with 290 branches.

The Spanish-owned bank said the cuts have been driven by a “significant shift in customer behaviour”, as fewer people use branches and instead favour online banking.

The company, which is based in Edinburgh, had previously said it intended to reduce the size of its branch network but it has now accelerated plans amid the pandemic.

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