The last bank in Pershore won’t close until a new banking hub has been set up in the town.

Lloyds announced plans to close its Pershore branch last month - a move that would leave the town without a high street bank.

But, according to MP Harriett Baldwin, managers have insisted that the bank will not shut up shop until a permanent banking hub is opened in the town centre.

The West Worcestershire MP met with local bank managers to discuss the impact that the branch closure will have on local people and businesses.  

The impending closure triggered a national initiative to create a banking hub – where each major bank will be represented allowing customers to carry out basic transactions.

READ MORE: What’s next as closure of Lloyds' Pershore branch announced

Mrs Baldwin said: “I’ve already expressed my deep dissatisfaction at the closure, and I fear it is short sighted.

“Pershore is thriving with plenty of new shops on the high street and Aldi investing £5 million in a new store.

“I visited the bank’s local management on a Friday morning when there were queues at the cashpoint and staff working hard inside to help customers do their banking.

“I am hopeful that even at this stage, the bank will look at the unfavourable coverage and rethink their decision.

“Nevertheless for most of us, the way we bank is moving online so I welcome the commitment to keep the branch open until a workable ‘hub’ solution is in place.

“Some people rely on their physical bank and hard-working staff – especially elderly and vulnerable customers – and they should not be sacrificed because the high street banks want to turn an even larger profit.

“I will be working closely with the team delivering a new hub to try and unblock any obstacles, but I am relieved that Lloyds has committed to doing the right thing and keeping a presence in Pershore until the hub is open.”