MP to officially open Brixham Banking Hub

Anthony Mangnall MP is set to officially open Brixham's new Banking Hub tomorrow.

The Brixham Hub, a shared banking space at 62 Fore Street, offers a counter service operated by the Post Office, where customers of all major banks and building societies can carry out regular cash transactions, Monday to Friday.

The Hub also offers a Community Banker service where customers can talk to their own banking provider about more complicated issues. The Community Bankers will work on rotation, with a different bank available on each day of the week.

Banking Hubs are being created across the UK and are supported by nine major banks - Barclays, Danske Bank, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group, Santander, TSB and Virgin Money - as part of a longer-term vision for sustaining cash access on the high street.

Gareth Oakley, CEO of the new company responsible for the Banking Hubs, said: “Having access to cash services is vital for millions of people around the UK, particularly in challenging financial times, so I’m delighted to announce the opening of the Banking Hub in Brixham.

"Seeing the impact of the existing Hubs on local communities is a reminder of how important these services are – from the counter service to the knowledge and support of the community bankers.

"As our doors open, we are looking forward to becoming part of the community and supporting local people and businesses in Brixham.”

John Howells, CEO of LINK, said: “Every community should have free access to cash and face-to-face services. Brixham is a good example to why we need Banking Hubs so we can support local high streets and make it easier for customers to complete their everyday banking needs without having to travel.”

Economic Secretary to the Treasury, Andrew Griffith, said: “The convenience, security, and speed of digital banking continues to benefit millions of people across the UK. However, I recognise that some people continue to value in person banking services."