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Jun 2023

Last Updated: 26/06/2023

Community

Knaresborough banking hub location revealed

by John Plummer

| 26 Jun, 2023

The new banking hub in Knaresborough will be located at 15 Kirkgate, Bowling Green Yard, it was announced today.

The hub will offer a counter service operated by the Post Office, where customers of all major banks and building societies can carry out regular cash transactions.

However, an opening date is still yet to be revealed.

It will also provide a community banker service where customers can talk to their own banking provider about more complicated issues, from Monday to Friday, 9am to 5pm.

Community bankers will work on rotation, with a different bank or building society available on each day of the week. They are usually provided by the banking providers with the most customers in the local area.

Cash Access UK, the organisation set up to protect nationwide access to cash, revealed details of the hub today following longstanding concerns about bank closures in Knaresborough.

The process of finding a banking hub in Knaresborough has taken a while to come to fruition. There were hopes it would happen last year.

Gareth Oakley, chief at Cash Access UK:

“We know the new banking hub has been eagerly anticipated by the local community and so we’re delighted we’ve now been able to secure a fantastic location for you in the heart of the community.

"This brings us a significant step closer in being able to deliver improved access to cash services to individuals and businesses in Knaresborough”.

Nick Garrett, of the community benefit society Knaresborough Connectors: said the hub would reduce financial exclusion, adding:

“Many of Knaresborough’s frail residents tell us they prefer services, especially financial ones, to be face to face as online services aren’t accessible."

Knaresborough banking hub could open this year

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Andrew Jones, MP for Harrogate and Knaresborough said:

“When the hub opens it will be invaluable to residents of Knaresborough, especially to those who rely on cash and face-to-face banking."

Charlotte Gale, of Knaresborough and District Chamber said:

"Better banking and cash access within the town is something chamber are very passionate about. This is something we've long campaigned for and we're thrilled that a site has now been secured."

Cash Access UK is owned and funded by 10 of the UK's biggest banking providers: Bank of Ireland, Barclays, Danske Bank, HSBC UK, Lloyds Banking Group, Nationwide Building Society, NatWest Group, Santander, TSB and Virgin Money.

These firms have come together to provide shared services available to all their customers.

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Knaresborough banking hub location revealed

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