Two Morriston banks to close in further blow to town

Lloyds Banking Group has announced the closure of its Halifax and Lloyds Bank branches in Morriston.

The branches, both on Woodfield Street in the town, are part of the latest round of closures affecting 69 of the banking groups branches across the UK.

The two Morriston branch closures are the only ones in Wales affected by the latest announcement.

Halifax at 108A Woodfield Street will close on Monday 18 July 2022.

Lloyds Bank at 111 Woodfield Street will close on Thursday 4 August 2022.

Leader of Swansea Council, and Morriston Councillor Rob Stewart said on behalf of councillors in Morriston: “We are hugely disappointed at the decision to close two very important banks on Woodfield Street in Morriston and the potential job losses for the staff there. We have already lost a number of banks and this will be a further blow to residents who are not able to do internet banking”

“We will strongly oppose the closures.

“We are working with colleagues to look at options to ensure physical banking services remain an option for the residents in Morriston”.

In a statement on the Lloyds closure, the banking group said: “Our customers needs are changing. Almost 18 million people now bank with us through Internet Banking and over 13 million use Mobile Banking. Branches will remain vital in meeting customers’ needs, but we must continually review our network to make sure we have branches in locations where customers need and use them the most.

“As a result we’ve made the difficult decision to close this branch due to customers using it less often. In addition, the majority of customers are also using alternative ways to bank and we have another branch close by.

“You can use any of our branches, and the nearest one is the Enterprise Park Swansea branch. You can also use a Post Office for your everyday banking.”

The nearest Halifax branch is in Swansea City Centre

The closures are the latest to hit Swansea and its suburbs, with Barclays closing its Gorseinon and Port Talbot branches in February this year.

(Lead image: Google Maps)