It seems one business at least, cannot wait for the “exciting” Council redevelopment plans for Westgate, as Peterborough City Council have now been notified of plans to close the Co-operative Bank at 33 Westgate, Peterborough, PE1 1PU.
The decision seems to be due to customers increasingly undertaking “more of their transactions online or via contact-less payments.”
The Bank claim
That during 2017:
- Of the transactions made in Peterborough branch, 38% of customers were making cash deposits, and 32% were making cash withdrawals.
- The majority of customers at Peterborough branch hold products with us which can be easily managed via telephone, postal, Online Banking and through local Post Offices®.
- Peterborough branch customers are more likely to be younger compared to the overall customer base. 16% of our customers are aged below 35 years, with 55% aged between 35 and 65 years. Only 29% of customers are aged over 65 years.
Don’t forget …
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The Bank seem to have completely ignored writing to the “other” MP for Peterborough, Shalesh Vara, who covers about 50% of the city??