LLOYDS Bank’s branch in Llangefni has been confirmed as closing this summer.
The branch, at 23 High Street, will shut for good on Tuesday, June 16, leaving Llangefni with just one remaining bank (HSBC).
In a statement, Lloyds said it is contacting its customers to let them know about the alternative banking services available in the area.
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A Lloyds spokesperson said: “Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before.
“In addition to our app, customers can use the local Post Office or walk into any Lloyds or Halifax to manage their money and deposit cash at PayPoint locations.
“We're giving our customers the flexibility to bank wherever and whenever they need us.”
The Plaid Cymru MP for Ynys Môn, Llinos Medi criticised Lloyds’ decision to close its Llangenfi branch.
Ms Medi said that the closure could have a profound impact on elderly residents, small businesses, and those unable to rely on digital banking services.
She also warned of increasing pressure on the town’s HSBC bank once it becomes the only branch left in Llangefni.
“This is another blow to high street services on Ynys Môn,” Ms Medi said.
“Lloyds’ decision abandons customers who rely on face to face banking, especially older residents and those who can’t travel easily.
“Not everyone can, or should, be forced to manage their finances online. Banks have a responsibility to serve the communities that have supported them for generations.
“Digital-only banking isn’t realistic for many households. Local businesses, particularly cash based traders, and stallholders are also expected to be affected by the loss of in-person services.
“Busy towns like Llangefni deserve better. Despite the myth being peddled by high street banks that everyone banks online, people still want that personal contact.
“This decision doesn’t just affect customers - it affects dedicated Lloyds staff who have served Llangefni for years. These are skilled local people who now face uncertainty about their jobs and their futures.”
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