New hub ensures banking services continue in Crook after TSB closes its branch. A shared banking solution for the town.
Signs recently appeared at the hub’s location, and builders are working inside to finish it up. The hub opens weekdays from 9 AM to 5 PM; it’s in the old Barclays branch by the market square.
Barclays closed in February 2021 because fewer customers caused the closure. A petition failed to save the branch. They split the old bank space last year, and Domino’s now occupies the other half.
LINK’s Nick Quin spoke about the hubs, saying they help local businesses, and that he is happy about the Crook hub. Many people still need cash services, so we must protect cash access across the UK.
A banking hub is a shared bank branch that people from different banks can use. The Post Office runs a counter service, and customers can do normal banking here, including cash transactions.
The hub also has space for bank reps, and bank workers use it one day a week. Banks share the same location and send staff on different days.
Two hundred hubs are now open nationwide, including Newton Aycliffe and Seaham. Thirteen hubs are planned for the North East, with Spennymoor, Stanley, and others set to get one.