Co-op is to close its Rhyl town centre bank in less than three months time.
Six staff are affected at the Bodfor Street branch, which will shut for good on Wednesday 20th April. The Co-operative Group says the bank is no longer sustainable because of a big drop in transactions but will try to minimise job losses.
The Rhyl branch is one of two to be closed in North Wales – Co-op’s Bangor bank, which employs five people, will also shut on the same day.
Director of retail and commercial banking, Liam Coleman, said: ”We have always been very clear about the need to reduce the branch network to a size that is consistent with a smaller, sustainable bank as part of our business plan to turn the bank around…we have sought to keep the impact on our customers to a minimum and are writing to affected customers giving them advance notice about these changes and the alternative options available to them.”