New banking hub to open in town's arts centre

A new banking hub is to open in Stamford, Lincolnshire.

The hub will be based at Stamford Arts Centre, on St Mary's Street, for one year until a permanent home is found for the service, South Kesteven District Council said.

It follows the closure of the town's last remaining bank branch earlier this year.

Councillor Richard Cleaver said: "The way people bank and pay for things is changing, which is why banking hubs like this will help people meet directly with their bank and also help small businesses bank their cash."

The new hub will provide access to cash and face-to-face banking services.

The facility, set up by Cash Access UK and run by the Post Office, will open in early September on weekdays from 09:00 to 17:00 BST.

The council said safety measures, including CCTV, were being put in place in the reception area of the arts centre.

Cleaver said: "An expansion of banking services in Stamford is to be welcomed and we are pleased to be able to help people to have easy access to banking where we can."

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