Daventry NatWest branch one of 158 to shut across the UK

NatWest in Daventry
NatWest in Daventry

Daventry’s NatWest branch will be closing its doors later this year as the banking firm is forced to adapt to changing trends.

The branch at 44 High Street will shut on September 25, 2017, and is one of several set to be closed throughout the year.

NatWest is part of the Royal Bank of Scotland Group which announced that 158 branches across the UK will shut with a total of 470 jobs lost.

Customers have changed their banking methods with many opting to complete transactions online via laptops and mobile devices.

This has reduced the need to pay their local branches a visit and has ultimately led to nationwide closures.

In light of the change in trends the bank will create 50 new community bankers whose purpose will be to serve their local area, and will help those who are unable to reach branches.

These community bankers will predominantly be located in rural parts of the country. The Northampton St James and Towcester branches of NatWest will also shut.

This follows the closure of the Long Buckby branch in November last year with limited banking services including over the counter withdrawals and balance checks moving to the post office.