Full list of NatWest Group banks set to close in 2024
NatWest Group has revealed plans to close 19 branches in the early part of 2024.
The closures will affect branches in England and Wales, with one Royal Bank of Scotland branch set to close in Glasgow in November 2024.
The move forms part of a larger trend of banks and building societies disappearing from our high streets.
Banks say this has been driven by an increased reliance on online and mobile banking and that the demand for in-person banking has shrunk.
Which NatWest Group banks are closing in 2024?
Here is the full list of banks closing, further to NatWest’s recent announcement.
NatWest
- London – Chiswick High Road – 20 February
- Redcar – High Street East – 20 February
- Bradford – New Line – 21 February
- Surbiton – Victoria Road – 21 February
- Bakewell – Water Lane – 22 February
- Greenwich – Greenwich Church Street – 22 February
- Ormskirk – Moor Street – 27 February
- London – Station Parade – 27 February
- Morecambe – Marine Road Central – 28 February
- Wednesfield – High Street – 28 February
- Pontypridd – Taff Street – 29 February
- Rickmansworth – High Street – 29 February
- Birmingham – Bristol Road South – 5 March
- Liverpool – Prescot Road – 5 March
- London – Piccadilly – 6 March
- Rochester – High Street – 6 March
- Dudley – Castle Street – 7 March
- Maldon – High Street – 7 March
Royal Bank of Scotland
- Glasgow – Sauchiehall Street – 19 November
What has NatWest said about the bank closures?
In a statement, NatWest said: “Banking has changed dramatically in recent years, with an increased demand for mobile and online services, as our customers benefit from a faster and easier way to bank.
“Closing a branch is a decision we take very seriously.
“We know it can affect those less confident with alternatives we offer. We’ll always work hard to guide and support you through the changes and find the best way to serve you from now on.”
It added that community pop-up sites would be available in selected locations for up to 12 weeks after changes had been made to their branch network.
How many banks have closed in recent years?
Which? has been tracking bank closures since 2015.
It states that banks and building societies have closed 5,766 branches since January 2015, at a rate of around 54 each month.
This represents more than half the branches that were open at the start of 2015.
NatWest Group, which comprises NatWest, Royal Bank of Scotland and Ulster Bank, has closed 1,329 branches – the most of any banking group.
Lloyds Banking Group, made up of Lloyds Bank, Halifax and Bank of Scotland, has shut down 1,050 sites.
Barclays is the individual bank that has reduced its network the most, with 1,120 branches now closed.
According to the consumer watchdog, Nationwide is currently the provider with the most branches remaining open across the country, with 605 outlets still operating.
The building society has pledged to not leave any town or city in which it is based until at least 2026.
