Nationwide Customers Informed of Branch Closure Date

Putney High Street branch to shut this September

Nationwide's branch in Putney
Nationwide's branch in Putney. Picture: Positively Putney

Participate


Sign up for our weekly Putney newsletter
Comment on this story on the

Customers of the Nationwide branch on Putney High Street have received letters informing them that it is to close on Thursday 30 September.

The society says that it is costing more money to run the branch than it returns and they have to act for the benefit of every member.

In an impact statement published by Nationwide to explain the decision a 23.6% fall in in bank transaction between March 2015 and March 2020 is cited.

The society also say that only 16% use the branch exclusively and 74% of customers are registered for online banking.

Last year Nationwide made a commitment to keep at least one branch open in every town or city until at least January 2023 but it appears that, for the purposes of that pledge, it is interpreting it as referring to London as a city rather than Putney as a town. It says there are five branches within a 2.7 mile radius that customers can use.

The society will still have branches in the Southside Shopping Centre in Wandsworth was well as on Fulham Road in Fulham which is 1.4 miles away from the existing branch.

Customers will still be able to withdraw cash from the Barclays ATM at 60 Putney High Street and can perform banking transactions at the Post Office at 197 Upper Richmond Road.

If you want to speak to someone about this branch closure you can contact Nationwide’s Regional Director Heather Hazley at Heather.HazleyOffice@nationwide.co.uk or call 0345 266 0258.

Like Reading Articles Like This? Help Us Produce More

This site remains committed to providing local community news and public interest journalism.

Articles such as the one above are integral to what we do. We aim to feature as much as possible on local societies, charities based in the area, fundraising efforts by residents, community-based initiatives and even helping people find missing pets.

We've always done that and won't be changing, in fact we'd like to do more.

However, the readership that these stories generates is often below that needed to cover the cost of producing them. Our financial resources are limited and the local media environment is intensely competitive so there is a constraint on what we can do.

We are therefore asking our readers to consider offering financial support to these efforts. Any money given will help support community and public interest news and the expansion of our coverage in this area.

A suggested monthly payment is £8 but we would be grateful for any amount for instance if you think this site offers the equivalent value of a subscription to a daily printed newspaper you may wish to consider £20 per month. If neither of these amounts is suitable for you then contact info@neighbournet.com and we can set up an alternative. All payments are made through a secure web site.

One-off donations are also appreciated. Choose The Amount You Wish To Contribute.

If you do support us in this way we'd be interested to hear what kind of articles you would like to see more of on the site – send your suggestions to the editor.

For businesses we offer the chance to be a corporate sponsor of community content on the site. For £30 plus VAT per month you will be the designated sponsor of at least one article a month with your logo appearing if supplied. If there is a specific community group or initiative you'd like to support we can make sure your sponsorship is featured on related content for a one off payment of £50 plus VAT. All payments are made through a secure web site.

 

July 9, 2021

Bookmark and Share