HSBC will shut 69 branches this year including two in the North East.
The bank says it is shutting down the branches due to customers switching from in-person to online banking. Less than 50% of HSBC customers use its bank branch network. HSBC says it hopes to redeploy 400 staff affected into new roles within 15 miles of their homes.
HSBC in Newgate Street, Bishop Auckland will shut on August 23, 2022. Hartlepool's HSBC will close a week later, on September 1.
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Jackie Uhi, head of HSBC UK’s branch network, said: “The way people bank is changing – something the pandemic has accelerated. Our branches continue to support people with their more complex banking needs, but the way we can do this has also evolved, with the addition of banking hubs, community pop-ups and continued use of the Post Office network.
“Rather than a one-size-fits-all branch approach, it’s an approach built around the way different customers are choosing to bank in different areas. We know that the majority of our customers have a preference to do much of their day-to-day banking online or via mobile, so we’re removing locations where we have another branch nearby, and where there is a significant reduction in customers using face-to-face branch servicing.
“This will enable us to invest in locations where our customers are continuing to utilise the branch network, including updating technology and refurbishing branches.”
It said the move was part of a wider “transformation programme” which will see it launch community pop-ups, new self-service machines and digital support for customers. The group will also refurbish branches in key locations, which it said will enable the bank to better support customers’ online banking needs.
HSBC banks to close in 2022
The latest closures follow 82 which shut down in 2021.
The following branches are all due to close for good in 2022.
July
City of London, July 19 2022
Gloucester Road, July 26 2022
Westfield Stratford City, July 19 2022
Monmouth, July 26 2022
New Bond Street, July 19 2022
Perth, July 26 2022
Cambridge, Hills Road, July 21 2022
Hammersmith, July 28 2022
Moorgate, July 21 2022
Merry Hill, July 28 2022
Angel Islington, July 21 2022
Woking, July 28 2022
August
East Grinstead, August 2 2022
Leyland, August 16 2022
Peckham, August 2 2022
Omagh, August 16 2022
Farnham, August 2 2022
Borehamwood & Elstree, August 16 2022
Beaconsfield, August 4 2022
Golders Green, August 18 2022
Street, August 4 2022
Stowmarket, August 18 2022
Lymington, August 4 2022
Eltham, August 18 2022
Sidcup, August 9 2022
Wellingborough, August 23 2022
Thame, August 9 2022
Amersham-on-the-Hill, August 23 2022
Hoddesdon, August 9 2022
Bishop Auckland, August 23 2022
Birmingham, Harborne August 11 2022
Ashby-de-la-Zouch, August 25 2022
Londonderry, August 11 2022
Woodbridge, August 25 2022
Uckfield, August 11 2022
Thornbury, August 25 2022
September
New Malden, September 1 2022
Strood, September 15 2022
Hartlepool, September 1 2022
St Annes-on-Sea, September 20 2022
Keynsham, September 1 2022
Ringwood, September 20 2022
Pinner, September 6 2022
Pontefract, September 20 2022
Dewsbury, September 6 2022
Ilkeston, September 22 2022
Barking, September 6 2022
Petersfield, September 22 2022
Newmarket, September 8 2022
Whitehaven, September 22 2022
Billericay, September 8 2022
Hampstead, High Street, September 27 2022
Beckenham, September 8 2022
Inverness, September 27 2022
Sidmouth, September 13 2022
Wandsworth, September 27 2022
Burgess Hill, September 13 2022
Manchester, Didsbury September 29 2022
Daventry, September 13 2022
Bristol, Whiteladies Road, September 29 2022
Nottingham, West Bridgford, September 15 2022
Shirley, September 29 2022
Ellesmere Port, September 15 2022
October
Herne Bay, October 4 2022
Falmouth, October 6 2022
Manchester, Trafford Park, October 4 2022
Bootle, October 6 2022
Cardiff, Canton, October 4 2022
Date to be confirmed
Kingston
