Adam Dance asks Lloyds Banking Group to reconsider the proposed closure of the Ilminster branch

8 Apr 2024
adam bank

Adam Dance, Liberal Democrat Prospective Parliamentary Candidate for Yeovil, has written to Charlie Dunn who heads up Lloyds Banking Group asking for the proposed closure of the Ilminster Branch of Lloyds to be reconsidered.  Lloyds is the last remaining bank in the town and as such is a vital resource for those who are unable or do not wish to use online banking.

If Lloyds is not prepared to reconsider then Adam would like Looyds to support the establishment of a Banking Hub, something that works well in Axminster and other rural towns.

Adam Dance says:

"I asked Mr Dunn to reconsider the decision to close the Lloyds branch acknowledging that Ilminster is an expanding market town and the destination for many neighbouring villages and hamlets. It’s absurd that a town like Ilminster, which once had multiple banks, would be left without a single bank in the town.                

"If Mr Dunn is unable to reconsider, then we need his support for a Banking Hub in Ilminster. I believe that the current criteria set by Cash Access UK are too stringent for a rural market town such as Ilminster. Ilminster has a population of 5,698 according to the last census, has grown since then, and is about to get even bigger with a 350-house development!  So we must be reaching the 7,000 resident threshold.

"I plan to continue to press the case for retaining Lloyds Bank while at the same time arguing that a Banking Hub would be an alternative solution"


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