Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The National (Scotland)
The National (Scotland)
National
Tristan Stewart-Robertson

Town's RBS branch to shut within weeks despite efforts to save it

AN under-threat bank branch has a new closure date despite efforts to save it.

The RBS in Colquhoun Square will close on November 20, MSP Jackie Baillie has stated.

In April, the bank said it would close the branch on September 25 - but there was an 11th hour reprieve while it looked at regulations that require banks to maintain counter service.

The bank said it was only a delay to the eventual closure.

Cash access firm Link undertook a review of cash in Helensburgh and Lomond. They concluded that new cash access facilities were not required.

Link’s report concluded: “We are not recommending the provision of any new cash access services in Helensburgh at this time.

“This is because our assessment shows there are already cash access services and facilities within a one-mile radius which are suitable for the needs of the local area, or the deficiency does not cause a significant impact on the local area.”

Concerns have been raised for months about the impact on older residents as well as businesses who would have to travel elsewhere to do banking.

Baillie said: "I was, and remain, extremely disappointed over the Royal Bank of Scotland’s decision to close its Helensburgh branch.

“I met with bosses in an effort to persuade them to retain this facility for the benefit of the community, but they were hell-bent on closure.

“It is extremely disappointing that face-to-face banking services in Helensburgh and Lomond, which has a large ageing population, have been cut to the bone in this way.”

Santander closed its branch in the town in 2019 and Kilcreggan lost its Bank of Scotland branch this year.

Helensburgh's Bank of Scotland has cut its hours as well this year.

RBS has been approached for comment.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.