Falmouth is to lose another of it banks this autumn, it has been confirmed.

Lloyds Banking Group has announced the forthcoming closure of a further 28 branches – 20 Lloyds branches and eight Halifax branches, all between August and November this year.

In Falmouth the Halifax branch in Killigrew Street is to shut, with the closure date given as September 7 this year.

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Halifax is part of the Lloyds Banking Group, which has issued a general statement saying: “It remains true that online and mobile banking continue to grow, as branch usage falls.

“On average, visits to these 28 branches have dropped by 60% since 2016, while we now have 18.6 million regular online banking customers and over 15 million mobile app users.

“It is important that we therefore continue to look at where our branches are best placed.

“Each of these locations has a free to use ATM, and a Post Office, within one mile.

“As with all proposed closures, these plans have been through LINK’s independent cash-access assessment, with no enhancements required.

“We aim to support all colleagues impacted, who want to remain with the Group, a move to a new role.”

The Packet contacted Lloyds Banking Group, which has issued a local statement saying: "We’ve seen far fewer people visit our Falmouth branch over several years, with customers now choosing to do their banking in different ways. 

"When the branch closes in September, customers can continue to bank in person with us at the local Post Office which is a short walk away, as are several free-to-use ATMs."

The banking group said branch transactions at the Falmouth branch had fallen by more than 60% between 2016 and 2020, and then fell by a further 12% in 2021.

It added that 77% of its personal customers were already using other ways of banking, such as over the phone or internet banking, as well as other branches.

It went on to add that the nearby Post Office, which was only a couple of minutes walk away 13 Market Strand, offered personal and business customers everyday banking services, access to cash, paying in of cheques, and more, that the nearest free-to-use ATM was 0.01 miles away, with 13 free to use ATMs within a mile of the closing branch, and that customers could use any other Halifax branch for their banking, alongside other options such as the Post Office, online, mobile and telephone banking.

The bank will be contacting customers to let them know about the alternate local banking services available.

The move has been criticised by the Unite union, which said that more than 5,000 bank and building society branches have closed since 2015, and described the news of more closures as "inexcusable."