Barclays to shut 15 more branches this year

In response to further Barclays branch closures, founder and CEO of My Community Finance, Tobias Gruber, said:

“It’s becoming increasingly common for banks to close their high street branches as more customers shift to online and digital banking methods.

“In the case of Barclays, the closure of these branches will result in cost savings for the bank, so I hope they choose to re-invest in improving their digital and telephone banking services for their loyal customers, as well as providing more ‘pop-up’ banks and support vans for their rural customers who may not have access to the internet.

“If you’re a Barclays customer and need branch access and don’t have alternative services nearby, you might want to consider switching to a bank with a physical branch in your area – although there are no guarantees that they will remain open for long.”