Thursday, June 12, 2025

Banking hub to launch in Ashby-de-la-Zouch

Ashby-de-la-Zouch is set to gain a new banking hub following the planned closure of the town’s NatWest branch this September. The hub will be delivered by Cash Access UK and is scheduled to open in June 2026.

Designed to serve customers of any bank, the facility will provide counter services operated by Post Office staff, enabling cash withdrawals, deposits, bill payments, and other basic banking functions. It will also feature a rotating schedule of bank representatives from various institutions, offering face-to-face services on designated days.

The initiative follows a recommendation from Link, the UK’s cash access and ATM network, and comes in response to the ongoing decline of traditional bank branches. The Ashby site will become the fourth such hub in Leicestershire, joining existing locations in Lutterworth, Syston, and Market Harborough. Nationwide, there are currently 160 operational banking hubs.

Before the hub’s launch, Cash Access UK will conduct community consultations and location scouting. The move aims to maintain cash access and in-person banking for businesses and residents despite the accelerating shift toward digital transactions.

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