Three Santander branches in the Lothians to be axed
The Head of Branch Interactions for Santander bank has confirmed that three Santander branches in Lothian are to be closed, Morningside Road and Leith Walk in Edinburgh and George Street in Bathgate.
The closures are being made for efficiency and cost saving reasons, after reviewing the usage of these branches. Santander claims that at the Edinburgh Morningside branch 47% of customers also use another branch and 60% use online banking, at the Edinburgh Leith Walk branch 38% use another Santander branch and 56% use online banking and at the Bathgate George Street branch 27% use another Santander branch and 50% use online banking.
Employees at all of these banks will either be redeployed or will have to look for employment outside of Santander bank.
Lothian Scottish Conservative MSP Miles Briggs and Scottish Conservative Councillor Nick Cook have expressed concerns about the closures of these branches.
Miles Briggs, Scottish Conservative Lothian MSP, said:
“Whilst I understand the need of banks to have branches that are cost effective I am concerned about the impact that this will have on people in Edinburgh and Bathgate.
“In particular many Santander customers who are pensioners and do not use online banking will have to travel further from their homes to do their banking and will be especially inconvenienced.
“I have written directly to Santander to raise the concerns of constituents on the closure of these branches that will have a detrimental impact on their access to the bank and asking Santander to review their decision to close these branches.”
Nick Cook, Scottish Conservative Councillor, said:
“This is a disappointing move from Santander.
“Many of my constituents in Morningside – particularly elderly residents – continue to rely upon bricks and mortar branches and they will be amongst the worst affected by this closure.”