Buckingham Banking Hub wants to know your ideas

After the shock announcement that Lloyds would be closing the only remaining bank in Buckingham this September, the Banking Hub team arrived – keen to make Buckingham one of ten new locations for a Banking Hub.

A Banking Hub is a fantastic option for towns like Buckingham, with a daily post office bank counter that can be used to pay bills, take out cash and a number of other daily banking transactions, for virtually any bank. While also offering a private office for appointments or drop-ins with banking advisors – five days a week there will be a representative from each of the top five most popular banks in the area.

One of the benefits of a banking hub is that each one is unique, with the services it delivers based on the needs of the local residents and businesses.

In order to gauge exactly what services will be required, the Banking Hub team have begun a consultation process and are extremely keen that everyone in and around Buckingham who uses a bank – whether in person or online, as a business, charity or individual, completes the survey online here: www.surveymonkey.co.uk/r/ZG39M65

Paper copies can also be collected and dropped off at Buckingham Library and Buckingham Tourist Information Centre.

The Banking Hub team are also interested in potential locations for the new bank, focusing on those in Buckingham Town Centre, with good accessibility and space for a private meeting room as well as counter. If you know of a building that might be suitable, please contact: BVCB@buckinghamshire.gov.uk

Jane Mordue, Chair of Trustees at Citizens Advice Bucks said: “Not everyone does online banking. Often these are the most vulnerable in our community. We help them locally at Citizens Advice Bucks to get their lives back on track.  Often this involves managing their money safely. The proposed new banking hub in Buckingham will give everyone access to banking services and be a much needed lifeline for many.”

Cllr. Warren Whyte, member of Buckingham & Villages Community Board, told us that: “with the closure of our last bank later this year I was very concerned about access to cash and bank services for residents, business and charities, and I am very pleased that the Bank Hub is progressing with a site here in Buckingham and working closely with members of the Community Board.”

Cllr. Howard Mordue, Chair of Buckingham & Villages Community Board, told us that: “The closure of the last banking operation in Buckingham is a great blow. Although the Post Office can handle some of the services the banks offered, it will still cause problems for businesses and charities who rely on having the facility to have a cash operation. I encourage all residents to show support for a Banking Hub when the survey is launched.”

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