2 March 2024

Town’s banking hub opens at last

by Rebecca Hannant

Hornsea’s “much-needed” banking hub will open on Friday, December 8.

The hub, opening within the former Poundland store in Newbegin, will allow residents of Hornsea and surrounding villages to have access to high street banking facilities for the first time since 2018.

It will offer a range of traditional banking services and a counter service operated by the Post Office, where customers of all major banks and building societies can carry out regular cash transactions.

It will also offer a Community Banker service where customers can talk to their own provider about more complicated issues, Monday to Friday, from 9am to 5pm. They will work on rotation, starting with Barclays on Mondays, then Lloyds, HSBC, Natwest and Santander on the following days.

Gareth Oakley, CEO at Cash Access UK, said: “I am very pleased that we have confirmed the opening of the new Hornsea Banking Hub, offering local residents and businesses important access to cash services.”

The mayor of Hornsea, Cllr Laura Embleton, said: “I would like to say what an asset the banking hub is going to be for the town.

“I know lots of residents who were very disappointed when the banks pulled out of the town. People are already saying how nice it is to be able to talk to real people and they feel it’s safer than using the cash machines. I’m sure the hub will be well used by all our residents. Well done to all those involved in making it happen.”

Councillor Barbara Jefferson, East Riding Council’s cabinet member for coastal communities, said: “I am so happy that this hub has finally opened for the people of Hornsea.

“With bank branches closing across the country, we must make sure people still have access to cash and banking services in their communities. Not everyone can or wishes to do their banking on the internet, so it is great to have proper in-person bank services back in the town.”

MP Graham Stuart said: “Easy access to face-to-face banking is not a luxury, it is a vital service. That’s why after months of work I am delighted that Hornsea will be the first town in Beverley and Holderness to get a banking hub.

“Whether you’re a small business or pensioner, this will give you the freedom to manage your money in the way that is best for you.”

Andrew Phipson, manager of Hornsea Banking Hub, said: “It’s a privilege to be the operator of Hornsea’s new banking hub.

“The community have been extremely supportive and are happy to have a dedicated location to come in and do their banking.

“I know our hub will help to support local businesses on the high street and safeguard access to cash for those who need it.”