Local News

Bank to close Hertford branch

Friday 19 November 2021

Barclays Bank have announced the closure of their Market Street branch after over 130 years in the town.

In a letter to customers, the bank said: "The decision to close a branch is never an easy one, however, the way people bank today is unrecognisable from 50 years ago when almost every banking transaction took place in a branch. Now, that number is only 10% and we need to make sure that we are providing our services in ways that best reflect customers' needs, including outside of traditional branch formats.

"Despite the branch closure, we are confident that access to banking remains sufficient in the local community; everyday transactions can be completed at any post office.

"There are 14 free-to-use ATMs within one mile, the nearest at 44 Fore Street."

Despite the loss of the branch, the bank are planning to provide services via their Barclays Vans, that will visit the town fortnightly.

Last month Barclays indicated it would be closing more branches in favour of shifting customers towards online banking, despite profits of £6.9bn.

There are four other banks in Hertford - HSBC, Lloyds, Santander and Natwest, as well as the Nationwide Building Society.

Barclays first opened in 1885 in what is now The Practitioner in Fore Street. The bank moved to modern premises Market Street in 1999 when the building was vacated by DIY store Fads.

Barclays first branch opened in 1885 in Fore Street, now The Practitioner

The branch at Market Street will close on Friday 25th February 2022.


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