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Bank bosses should remember that branches provide a vital lifeline says Peter Edwards

I write to urge NatWest to keep open its branch in Burnham, which is due to close in March.
 
Burnham is one of many towns where people are rightly angry over the loss of vital banking services, as new research shows.
 

 

Figures provided by the Campaign for Community Banking Services (CCBS) showed branch closures by the big banks more than doubled to 479 in 2014, including 124 instances where this was the last bank in community, many of which had previously enjoyed protection.
 
The major lenders, including Nat West parent company RBS, have benefitted from billions of pounds of taxpayer support and guarantees and they have a responsibility to communities in light of this.
 
Bank bosses should remember their branches provide a vital lifeline for people who need to access savings and pay bills. This is particularly important for those people who do not have access to the internet - banks must not forget their responsibilities to the community.
 
Peter Edwards
Labour PPC for Maldon
London Road
Maldon
Published in the Letters Page of the Maldon Standard Thursday February 26th 2015

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