Find out which ones are going and your options if affected.
Along with most other high-street banks, Lloyds has announced several closures to its branches in 2024 and 2025, with 176 currently scheduled to close their doors, including Halifax and Bank of Scotland branches. This is on top of 153 branches that closed in 2023. Here’s what you need to know.
In the last round of announcements, 22 Halifax branches, 21 Lloyds branches and 10 Bank of Scotland branches were announced to close by January 2025.
Here are the announcements that will impact Lloyds, Halifax and Bank of Scotland branches in 2024 and 2025.
Date of announcement
Halifax branches
Lloyds branches
Bank of Scotland branches
To close by
29 March 2023
3
7
0
March 2024
1 June 2023
1
5
7
May 2024
19 July 2023
6
10
3
July 2024
20 September 2023
15
18
2
September 2024
15 November 2023
0
1
0
February 2024
29 November 2023
22
19
4
August 2024
13 March 2024
22
21
10
January 2025
24 April 2024
1
0
0
April 2024
Total
69
81
26
What to do if your branch is closing
For most of us it probably means very little. When did you actually last need to use a branch? If you aren’t at all fussed about losing access to a branch’s facilities you don’t have to do anything (though more in a moment about why you could).
For others who do regularly visit a branch it will make a huge difference. The obvious solution is to open up another account at a bank which does have a local branch near you. You don’t have to switch to this new bank (which would mean the closure of your Lloyd or Halifax account) if you don’t want to, but doing so does have some advantages.
All your Direct Debits, standing orders and payments into your account will be moved over for you, so you won’t need to change anything manually. And right now you could get a switching bonus of up to £200.
But if you do switch you’ll lose access to benefits you get with these banks. The main perks are:
Halifax Reward Account – £5 a month, or 12 cinema tickets a year, or 24 movie rentals a month (account review)
Club Lloyds Account – 6.25% regular saver plus 6 cinema tickets a year, Disney+ or a magazine subscription (account review)
And even if you aren’t bothered, I’d still do this. I think it’s always handy to have physical access to a bank. You never quite know what will happen with online and app banking, and having the option to talk to someone can make things easier.
Plus if you do need to withdraw or pay in large amounts of cash, you’ll probably want to do that in person too.
I’m not sure why this is even a story these days. I haven’t used a bank branch for 25 years, and I don’t know anyone elsethat does either, including relatives in their 80s who quite happily use the app on their iPads.
A sad sign of the times. Banks exist among other things, to handle and invest our money.
It seems we are being forced to bank on line, where hackers are rife. This worries me.
.
Don’t forget that you all have access to bank through the huge network of Post Offices. (With the Exception of theNationwide, into which you cannot pay in money or checks, but can withdraw cash). All the major banks operate through the Post Offices. Deposits of cash are almost instantaneous and cheques just a couple of days. For the post office, running a small village office and it is very underutilised for banking which is such a shame. I think most the time it’s because people aren’t aware how much banking they can do at the local post office
Why don’t all these different banks building societies close , why can’t 2/3/or four just use one premises ,?. I had an nationwide account in a town ,and they closed it ,and guess what another small b s took over the premises , and the manager was the nationwide manager ,he said nationwide made a profit not a loss so did it get closed? I closed my account and moved to the new bsc
I’m not sure why this is even a story these days. I haven’t used a bank branch for 25 years, and I don’t know anyone elsethat does either, including relatives in their 80s who quite happily use the app on their iPads.
A sad sign of the times. Banks exist among other things, to handle and invest our money.
It seems we are being forced to bank on line, where hackers are rife. This worries me.
.
Don’t forget that you all have access to bank through the huge network of Post Offices. (With the Exception of theNationwide, into which you cannot pay in money or checks, but can withdraw cash). All the major banks operate through the Post Offices. Deposits of cash are almost instantaneous and cheques just a couple of days. For the post office, running a small village office and it is very underutilised for banking which is such a shame. I think most the time it’s because people aren’t aware how much banking they can do at the local post office
Why don’t all these different banks building societies close , why can’t 2/3/or four just use one premises ,?. I had an nationwide account in a town ,and they closed it ,and guess what another small b s took over the premises , and the manager was the nationwide manager ,he said nationwide made a profit not a loss so did it get closed? I closed my account and moved to the new bsc
Why don’t all these different banks building societies close , why can’t 2/3/or four just use one premises ,?