Bank announces closure of Alderley Edge branch

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NatWest have announced that they will be closing their Alderley Edge branch on July 3rd 2017 due to a decline in customers using the branch.

Russell Finch, Local Chief Executive Officer, said "With people relying more and more on technology, in all aspects of their lives, customers are increasingly looking to the speed and convenience of our digital services, such as online and mobile banking, to carry out their day-to day transactions.

"Between 2010 and 2015, mobile and online transactions have increased by over 400%; mobile transactions alone have increased by 1,350%. As a result, the number of customers using our branches is falling."

As a result of this change, Nat West has seen the number of transactions in the Alderley Edge branch decline by 29% since 2011 and 55% of the branch customers are actively choosing to use our digital banking options.

Russell Finch added "We are committed to following the UK Government protocol on branch closures and have extended our notice period to 6 months, to ensure our customers are familiar with all the different ways they can bank with us.

"We know that not all of our customers are comfortable and familiar with using online or mobile banking, so we have created a new specialist taskforce of Digital Experts who will be dedicated to supporting our customers with training and support with digital skills."

NatWest have a national agreement with the Post Office so their customers can pay money in, take money out, check balances and business customers can get coinage and the nearest NatWest branch is in Wilmslow.

Mr Finch continued "To ensure customers are prepared for using these alternative services, we will be running events over the six months and have put in place additional support and specialist expertise to support local staff and customers. This includes online and digital training and support."

The local team at NatWest have been informed and they will be getting in touch with their customers over the next few days.

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Comments

Here's what readers have had to say so far. Why not add your thoughts below.

Helen Gaughan
Friday 2nd December 2016 at 12:12 am
Another village institution to be lost ....
Tam Byrne
Friday 2nd December 2016 at 7:12 pm
If it can be replaced with something that adds more to the village then bring it on. It's a really nice building so the possibilities are endless. In the next couple of decades, high steeet banking (and indeed actual cash) will disappear so it's going to happen sooner or later. Room for a couple of new independent shops in there or a big restaurant.
Graham Dilliway
Tuesday 6th December 2016 at 2:59 pm
So sorry to read of the forthcoming closure of the Alderley Edge branch of NatWest. My grandfather had his account at this branch, then the District Bank, when the family first moved to Clock House Farm in Mottram St Andrew from Warrington in 1938. I stayed with the branch during all its changes until I moved to Sussex in 1975. I am still with NatWest but my account is now in Horsham. The news brings back lots of memories.
Bob Bracegirdle
Tuesday 6th December 2016 at 4:35 pm
The Great North Western 52 bus terminus Alderley District Bank. Bad enough when the name changed. No Bank is even worse.

Mind you NatWest have managed to shred my Son's property deeds by mistake. Perhaps we can do without them!
Roy Hall
Tuesday 6th December 2016 at 4:53 pm
We thought it may happen, so we have been using it more this last few months so so sorry to see it go Roy
Harry Martin
Wednesday 7th December 2016 at 12:19 am
After Natwest closed Cheadle Hulme branch my brother closed his account . Just vote with your feet especially if you are elderly .
Blake Devall
Thursday 8th December 2016 at 8:46 pm
Didn't there used to be a tv advert for Natwest along the lines of 'my banks now a wine bar' etc,well,watch this space.
Pete Taylor
Friday 9th December 2016 at 7:35 pm
As more of us move to the convenience of on-line banking, it's not difficult to foresee the day when there are no high street branches. I think the only time I visit the bank is when I pay a cheque in- and how much longer will that last?

It's a superb building, I hope it is put to good use.
Helen Gaughan
Friday 9th December 2016 at 11:46 pm
I bank with NatWest ( for business ) Monday to Friday , as I'm sure many outlets in the village do too . The organisation I work for will make alternative arrangements , and I understand the reasoning behind the Bank's decision . I would like to add that for some of our elderly residents this decision will be a massive blow .... I can recall a number of instances since the closure of the Chelford branch that ( please excuse me ) a really elderly gentleman who lived on his own and didn't drive , had lived in Chelford all his life now makes his journey on the train to Alderley to conduct his financial affairs .. What does he do now ?? Likewise another elderly gentleman who is easily confused and relies upon the lovely counter staff when he doesn't understand .... Thank you to ALL the staff who have looked after us , and I hope that the vulnerable are considered . Halcyon Days ....
Alan Brough
Saturday 10th December 2016 at 8:54 am
@Helen,

Consider the vulnerable? How is anyone going to make a profit out of that??

No, forget customer service - it's no longer fashionable. Forget the fact that the Banks nearly brought us to our knees just a few short years ago and only survive through the benevolence of the taxpayer. This is how they reward us - by withdrawing services from (particularly) the most vulnerable.

"Ah but you can use the Post office" they cry. In Frodsham the Post Office queue is like those for food during the Battle of Stalingrad!

Arrogance, ignorance and greed......that's the future!
Fenton Simpson
Tuesday 13th December 2016 at 12:47 pm
We will no doubt see it being replaced by some thing we really need like a high end boutique, wine bar or Harry Endfield style "I saw you coming" shop...

Clearly the number add up to keep the branch but they are not servicing their customer very well.

I'm sure I saw there mobile banking van advert a few years ago. IT was to service rural customers. Could they not visit 2 or 3 times week. I'm sure they must know the ages of there Customers. Or they just don't care.
Ricky Lee
Friday 30th December 2016 at 8:20 am
Another option is to have two banks in one location. Why not have a combine RBS and Natwest branch, separate counters but single building. Both banks belong to the RBS group. It may help to save our RBS branch from closing down next.