Barclays bank has confirmed its St Neots branch will be closed by the end of January next year.
A spokesperson for the bank said: “As visits to branches continue to fall, with the majority of people preferring to bank online, we need to adapt to provide the best service for all our customers.
“This is reflected at St Neots, where we are delivering new ways to support our customers and the community with options for those who need in-person services.”
The chain says its branch at 41 High Street has 10 regular customers who visit exclusively for their banking needs and do not interact in any other ways.
It will close “on or before” January 31, 2025.
LINK, the UK’s largest cash machine network, has recommended a safety deposit service for St Neots and the branch will remain open until this is available.
Barclays says it does not intend to make anyone redundant as a direct result of the closure.
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There are plans to open a “Barclays Local” and the search is now underway to find a location for the hub.
These are cashless banking sites “where customers can meet a colleague face-to-face for banking support, as they would in a branch”.
They can be based in town halls, libraries, mobile vans and banking pods.
The Barclays spokesperson added: “We are currently working with the local community to identify a suitable location and will announce details once confirmed.”
Everyday transactions can also be completed at any Post Office.
When Barclays closes in St Neots, there are other branches in Huntingdon and Bedford.
The St Ives branch closed in January 2022 and a Barclays Local operates out of the St Ives Corn Exchange.
It is open on Mondays 9am-12noon and 12:30-15:30 and Fridays 10:30-15:30.
Barclays says there are no plans to close this service.
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