Banking Hub Assessment.
Since the closure of the last high-street bank in Todmorden last September, the Town Council, along with other key stakeholders, have been working to bring banking back to the town. We requested this assessment due to members of the public being unhappy with the lack of face-to-face banking in Todmorden.
We’re pleased to announce that this week we received the assessment report, that recommended the permanent provision of cash deposit and withdrawals services for people and businesses in Todmorden.
We hope this will be welcome news for all residents of Todmorden, and those who operate businesses within the town.
Councillor Tyler Hanley said ” It is promising news that the green light has been given for a Banking Hub. Reliable access to cash is so important for our town’s shops, pubs, cafes and small businesses. For many people, being able to speak to another person face-to-face can make a world of difference. Our Town Council has fought for a dedicated, in-person banking facility ever since the last bank branch closed its doors last year. Todmorden deserves better, so along with Councillor Diana Tremayne, we have refused to let it go. This is the right decision for local residents and retailers, and we look forward to seeing the Banking Hub up and running in our town ”
LINK are a not-for-profit organisation working in the public interest to ensure every corner of the UK can access cash.
The Council have now reached out to LINK for further information regarding the next steps.
The full assessment is available to view here. todmorden-community-request-16102024.pdf (link.co.uk)