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Closure of Lloyds Bank planned

Friday 11th November 2016

Lloyds Bank have announced the closure of their branch in Fore Street Lostwithiel in March next year. 

In a letter addressed to customers Matt Warren of Lloyds Bank wrote:-


“After a recent review of how customers use our branches in the Cornwall area, we have made the decision to close the Lostwithiei branch. From 8 March 2017 onwards this branch will be closed.   l'm sorry for any inconvenience this may cause. increasingly we are seeing a change in the way customers choose to bank, which is why we regularly check our branch network to make sure it reflects this.”


The proposed shutdown of Lloyds follows closely upon the closure of Barlcays Bank in February 2015 and will leave the town without a bank.

Concerns about future banking facilities have been exacebated by the closure of the Londis based Post Office scheduled for 22 December 2016, although a a spokesman for the Post Office was quoted by the Cornish Guardian in August as saying “ We are committed to maintaining a post office in Lostwithiel."


The proposed closure of Lloyds in Lostwithiel forms part of a plan to close 49 branches nationwide with the loss of 665 jobs. Branches also scheduled to close in Cornwall include those situated in Mevagissey, St Blazey and St Mawes.