Wellington’s new permanent Banking Hub in Fore Street has been officially opened on Friday 5th January 2025. Community Banking Hubs are offices in local communities that are designed to bring banking services back into smaller communities that have suffered losing their high street banks because of banks closing their branch doors, usually to cut costs.
The hub had been in the former Community Office on a temporary basis since March, pending a move to the former Barclays Bank premises just a few doors away.
The ceremony was conducted by Mr Amos and the Mayor of Wellington, Cllr Janet Lloyd. The MP told those present: “We need to refocus on making our town centres lively and vibrant, bringing new businesses in and that’s why it’s so great to see the Banking Hub opening here in Wellington.
“I’m really excited to see it happening – it’s something I was working on for a couple of years. Obviously, the next stop is we must get a Post Office for Wellington.” He added: “We need to start with a Banking Hub, then get a Post Office and keep building Wellington town centre.”
Guests at the opening were welcomed by Melissa Whittaker, of hub provider Cash Access UK, who said there were now more than 100 Banking Hubs across the country. She said “It’s great to see so many of you here in this wonderful Banking Hub. “I know Wellington has had a temporary banking hub since March which has been very well received by the community.”
She thanked Wellington Town Council for hosting the temporary hub, which had been one of the busiest in the country since opening. “So here we are at the permanent hub – the feedback has been fantastic, as it was for the temporary hub, so please use it.”
Steve Smith, hub operator with his wife Teresa, thanked everyone for coming. “These are exciting times for Wellington with a lot of growth going on in the community.”
Cllr Lloyd said the town council has been pleased to host the temporary hub in its own building. “When we moved to Wellington 35 years ago, there were four banks and two building societies in the town. When Lloyds closed last year, there were no banks.” She added: “I think this is really wonderful – it’s a lovely hub and it’s right in the centre of town.
The new facility opened for the first time before Christmas and provides residents and businesses with basic banking and cash services. Wellington’s only remaining bank, Lloyds – situated just over the road – closed a week after the temporary hub opened.
Customers of all major banks and building societies can access cash services from the Post Office counter service, whenever the hub is open:
- pay in cash (notes and coin) and cheques
- withdraw cash (notes and coin)
- check your balance
- pay utility bills
- top up your gas and electricity
- access change-giving services (for registered businesses)
More details about the Community Banking Hub can be found on their website: https://www.cashaccess.co.uk/hubs/wellington-somerset/