HSBC confirms closure of St Davids branch
3:00pm Tuesday 18th September 2012 in News
The St Davids branch of HSBC is to close later this year.
The branch is currently open for limited hours for three days but will close for good on December 14th and its ATM removed.
The bank's two staff members will be transferred to other local branches.
The bank said that footfall had fallen 'very significantly' over the past few years, with customers using other HSBC branches, ATM, internet or telephone banking.
"Our network has to be 'fit for purpose'," said a HSBC spokesman. "And we have to ensure that our branches are located in areas where they are actually used."
All customers' accounts will be transferred to Fishguard.
"We will now be working with the small number of customers who use the branch to help them re-organise their finances ahead of the planned closure," said the spokesman.
MP Stephen Crabb has written to HSBC chief executive asking him to reconsider and added: "Now is not the time for major banks to be reducing their commitments to rural customers.
"I'm sure that there will be widespread feeling of disappointment as local customers will be forced to think again about the way that they choose to bank in the future."
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