HSBC to close Buxton branch

GV of HSBC bank, Buxton
GV of HSBC bank, Buxton

HSBC is to close its Buxton branch, the company has announced.

The branch, situated in the Quadrant on Terrace Road, will close its doors on Friday January 15 next year.

The closure will be the latest in a long line of banks to go across the Peak District, including three Royal Bank of Scotland branches in Buxton, Horwich End and Darley Dale and two NatWest branches in Tideswell and Hathersage in recent months.

A HSBC spokesman said: “We never take the decision to close a branch lightly, and we understand it’s unsettling for the local community.

“Unfortunately, with an increase in the use of online and telephone banking over the past few years the use of the Buxton branch has fallen significantly, and we have taken the difficult decision to close it.

“We will be working with customers who use the branch to help them understand their options, which include being able to use the local post office to check their balance and withdraw and pay in cash and cheques to their personal HSBC account.

“There are also a number of fee-free cash machines in the local area.”

The spokesman added that they were looking to re-assign affected staff to other branches and did not therefore envisage any job losses as a result of the closure.

The news means that from January 15, the nearest HSBC branch for Buxton residents will be almost nine miles away in Macclesfield.