08

Nov 2023

Last Updated: 08/11/2023
Business
Business

Knaresborough banking hub to officially open next week

by John Grainger

| 08 Nov, 2023
Comment

0

knaresboroughbankinghub
The new Banking Hub in Knaresborough.

Knaresborough’s new banking hub will officially open its doors to customers for the first time next week, the organisation behind it has revealed. 

Cash Access UK, the not-for-profit company set up by 10 major high-street banking providers to protect the public’s access to cash, has confirmed the hub will be opened by Andrew Jones, MP for Harrogate and Knaresborough, at 11am on Friday, November 17.  

Gareth Oakley, chief executive of Cash Access UK, said: 

“Access to cash services is vital to millions of people in the UK, therefore we are pleased to announce the opening of the banking hub in Knaresborough.
"Upon the opening of the banking hub, local businesses and residents will benefit from improved access to cash.” 


The banking hub, at 15 Kirkgate, Bowling Green Yard, 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, from Monday to Friday.  

It will also offer a community banker service where customers can talk to their own bank about more complicated issues.  

The banking hub will be open on weekdays between 9am and 5pm and the community bankers will work on rotation, with a different bank or building society available on each day of the week: NatWest on Mondays, Halifax on Tuesdays, Santander on Wednesdays, HSBC on Thursdays, and Barclays on Fridays. 

Charlotte Gale, of Knaresborough & District Chamber, said:  

“Improving banking and cash access for Knaresborough's businesses and residents is something chamber are very passionate about.
"This is something we've long campaigned for and it's been a pleasure to support the team at Cash Access UK in launching this exciting project.” 


Banking hubs are being created across the UK and are funded and supported by nine major high-street banking providers: Bank of Ireland UK, Barclays Bank UK PLC, Danske Bank, HSBC UK Bank plc, Lloyds Banking Group, NatWest Group plc, Santander UK plc, TSB Bank plc and Virgin Money.  

Knaresborough was chosen to receive a banking hub after LINK, the UK’s cash access and cash machine network, identified the need for enhanced cash deposit services following bank branch closures in the town. 

Andrew Jones, MP for Harrogate and Knaresborough, said:

“The banking hub will be invaluable to residents and businesses in Knaresborough and be welcomed by those who rely on cash and face-to-face banking."