Posted: Sat 2nd Mar 2024

New Banking Hub Branch Confirmed for Porthcawl by Cash Access UK

news.wales / newyddion.cymru
This article is old - Published: Saturday, Mar 2nd, 2024

Cash Access UK, an organisation set up to protect access to cash for residents across the country, has confirmed it will open a new Banking Hub branch in Porthcawl.
The site will be located at 77 John Street, Porthcawl, and will feature a hub that offers a counter service operated by the Post Office, where customers of all major banks can carry out regular cash transactions.
It will be open to the public Monday to Friday between 9am and 5pm, with a report from the company adding that a community banker service will also be available for customers, where they can “talk to their own bank about more complicated issues.”
It will come as a welcome move to residents in the town of Porthcawl, which saw the closure of a number of its banks in 2023, including the local HSBC, Natwest, and Barclays.
Cash Access UK opened two banking hubs in Wales in 2023, in Prestatyn and Welshpool, and said it had plans to open at least six more this year, including Porthcawl, Abergele, Abertillery, Morriston, Risca, and Treorchy.
Gareth Oakley, who is CEO at Cash Access UK said: “We are happy to announce that we have secured a location for our Porthcawl Banking Hub. The two Hubs that opened in December in Prestatyn and Welshpool are already making a difference. The next steps are refurbishing the new building and making sure it’s ready as soon as possible.”
Dr Jamie Wallis, MP for Bridgend, added: “I’m thrilled that Porthcawl’s residents can continue using in-person banking near to their own homes, thanks to Cash Access UK’s Banking Hub in John Street.
“This lifeline should safeguard continued cash access after a painful period of uncertainty, ensuring everyone living locally is afforded a regular rota service shared between bank providers. This should serve as an enormous reassurance to those that wrote in initially in 2023. I’d like to thank Cash Access UK for duly delivering on their prior promises.”
Community bankers will soon be working on rotation at the Porthcawl branch when it opens sometime in 2024, with a different bank available on each day of the week, as follows:
Monday: Barclays
Tuesday: Halifax
Wednesday: Lloyds
Thursday: HSBC (am) NatWest (pm)
Friday: Santander ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​



Spotted something? Got a story? Email News@News.Wales



More from Bridgend Council

Public Consultation Launched for ‘No-Gas’ Housing Development Near Maesteg

Bridgend Council

Lessons Learned from Abandoned Mine Water Heating Scheme in Bridgend

Bridgend Council

Bridgend Council Approves Funding Transfer for New School Building Expansion

Bridgend Council

Bridgend Council Proposes Abolishing or Merging Nine Town and Community Councils

Bridgend Council

Local Town Councils in Bridgend Awarded £40,000 Funding for Community Projects

Bridgend Council

Decision on Revised Plans for Refurbishment of Porthcawl’s Grand Pavilion Set for Bridgend Council This Month

Bridgend Council

Latest from News.Wales

Senior Politician Backs Plans for New Direct Train Service Between Wrexham and London as Avanti Slammed

Wrexham Council

Proposals submitted for new dialysis centre in Neath Port Talbot

Neath Port Talbot Council

Proposal to Close Powys Pupil Referral Unit Shelved, Savings Search Continues

Powys Council

Swansea Council Leader Provides Update on Delayed Flagship Office Building

Swansea Council

Plans to Reduce Frequency of Black Bin Collections in Wrexham On Hold for Now

Wrexham Council

Plans for HMO on Edge of Wrexham City Centre to Proceed Despite Parking Concerns

Wrexham Council