Following the news that the Nationwide Building Society is closing 7 local branches, I have demanded an urgent meeting with the Building Society’s management.
Nationwide have announced that branches will be closing in Lewisham, Peckham, Catford, Blackheath, Greenwich, Woolwich and Walworth from the end of May; leaving the nearest branches at Bromley and Eltham.
It seems incredible that a Building Society can be closing so many branches in a concentrated area. Closing seven branches does not make sense. I want to ask managers whether they looked at the geography and transport routes in the area when they came to this decision. I cannot see many customers who live in Lewisham Deptford travelling to Bromley, Eltham or further afield to carry out their banking.
I will also be asking whether this is part of a national strategy or whether it is just an issue in South East London and whether it is not possible to provide at least one outlet in the local area. I am sure many people who have remained loyal to the mutual principle will be distressed by this decision.
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