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Money Expert Raises Fears for Nationwide Customers at 133 Locations - Nottinghamshire Live
Nationwide will maintain 696 branches, citing increased usage with 33% of current accounts opened in branches, supporting vulnerable and younger customers.
- Nationwide Building Society pledged to keep each of its 696 Nationwide and Virgin Money branches open until at least 2030, operating the UK's biggest single-brand banking network with 605 branches.
- Last year Nationwide Building Society bought Virgin Money and extended the society's branch promise to include the acquired branches for at least two more years.
- A rise in local branch use is visible as branches host dementia clinics, digital lessons, and safe spaces, with 33 branches becoming the last in town since January, and over one in 10 new student accounts opened in branch.
- Keeping branches open preserves face‑to‑face services for vulnerable and older customers, while Nationwide will maintain branches alongside investment in online and telephone channels.
- Despite sector closures, the society reported a third of current accounts and about a fifth of savings accounts were opened in branches in the six months to the end of September, with volumes up compared with a year earlier.
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Citizens Bank is closing more than a dozen branches in 7 states: See the list of the doomed locations
Last week, Fast Company reported that regional banking giant TD Bank is planning to close more than 50 U.S. locations by the end of January. But TD Bank isn’t the only regional bank closing branches. In October, Citizens Bank disclosed that at least 14 branches throughout the United States will shutter, according to public filings. Here’s what to know and where they are located. Why is Citizens Bank closing branches? Reached for comment by Fast …
Coverage Details
Total News Sources40
Leaning Left4Leaning Right2Center21Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
15%
C 78%
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