A third of the firm's branches will close down
The Nottingham Building Society will close a third of its branches, including five in Greater Lincolnshire, as “changing consumer behaviour, accelerated during the pandemic, looks set to be a permanent change”.in Greater Lincolnshire, as well as Ashbourne, Crystal Peaks, Fakenham, Leicester City, March, Matlock, Melton Mowbray, Rothley, Stapleford, Thetford, Wigston and Wollaton.The Society is in the process of communicating with members connected to the impacted branches.
The Society has committed to working with these customers to try and find alternative support, including other suitable savings options elsewhere.In addition to a redeployment programme offering impacted team members suitable roles elsewhere across the branch network or in the wider business. “Since COVID, whilst some members have returned, many have not, leaving a number of our branches with very low levels of transactions and usage.
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