TSB to close 10 more branches across Scotland

TSB to close 10 more branches across Scotland

TSB has announced a further 10 branch closures across Scotland, as part of a larger operational overhaul comprising 36 bank branches closures and 250 job cuts.

The nine of the closures are planned to take place in September, with currently just the TSB Banff branch closure planned for May 2025. The September 2024 closures include:

  • Glasgow (South) – at 391 Carmunnock Road, G45 9RF – on 24/09/2024
  • Glasgow (South West) – at 2176 Paisley Road West, G52 3SJ – on 25/09/2024
  • Edinburgh – at 59 Leith Walk, EH6 8LT – on 17/09/2024
  • Leven – at 40 High Street, KY8 4NA – on 18/09/2024
  • Peterhead – at 14 Queen Street, AB42 1TS – on 25/09/2024
  • Alloa – at 30 Drysdale Street, FK10 1JL – on 19/09/2024
  • Haddington – at 38 Court Street, EH41 3NP – on 05/09/2024
  • Lerwick – at Victoria Buildings Esplanade, ZE1 0LL – on 10/09/2024
  • Stornoway – at 18 Francis Street, HS1 2NB – on 03/09/2024

Age Scotland’s chief executive, Katherine Crawford, said: “This is a disappointing move from TSB, and unfortunately is the latest in a continuous stream of banks abandoning high streets across Scotland in favour of a digital-by-default approach that does not consider the needs of all of their customers.



“Access to cash and in-person banking services are vital for many older people in Scotland. In fact, we know that 34% of over 65s prefer to bank in person.

“We also know that 31% of over 65s feel uncomfortable with the idea of online banking for a variety of reasons, including lack of trust in online services, lack of necessary IT skills and a fear of falling victim to fraud and scams.

“With branches disappearing at a rate of knots, an increasing number of communities are being left with either one local bank or facing the prospect of travelling further afield to do their banking. This is especially concerning for older people in rural and remote areas.

“We need greater growth in the network of banking hubs as an overreliance on the fragile Post Office network isn’t sustainable. Banks must take their responsibility to customers and communities seriously.”

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