Lloyds Bank to shut Madeley branch as part of restructuring
Lloyds Bank is to shut its Madeley branch, it has been announced.
The branch, in High Street, is among 15 that will be axed under moves to restructure the business.
Up to 23 jobs will be lost overall as a result of the closure and the affected sites will close by the end of March.
A Lloyds spokeswoman: said: "We have confirmed the locations of a small number of Lloyds bank branches which will close between January and March 2019.
"These branch closures are in response to changing customer behaviour and the reduced number of transactions being made in branches.
"All branches announced for closure have a post office less than half-a-mile away so customers can still access their banking locally.
"We continue to make a significant investment in our branches and we are proud to have the largest network of branches in the UK."
Union, Accord said the closures have so far been managed without compulsory redundancies.
Lloyds recently swung the axe on 380 jobs in the it's commercial banking, people and productivity, and retail and transformation divisions.
The bank - under boss Antonio Horta Osorio - has been pushing forward with an overhaul of its workforce and branch network in recent months, with a reorganisation meant to make it more relevant amid a boom in digital banking.
Lloyds added that it was it was creating 925 roles elsewhere in the business and was adding another seven mobile branches to its network to offset the closures.
