Cash Access UK, the organisation set up to protect nationwide access to cash, has today confirmed that the new Banking Hub in Newton Aycliffe will be located at Unit B3, The Parade, previously a TSB bank branch.

The Hub, when it opens, will offer 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 banking provider about more complicated issues, Monday to Friday, 9.00am – 5.00pm.

Community Bankers will work on rotation, with a different bank or building society available on each day of the week:

Monday: Barclays

Tuesday: HSBC

Wednesday: Lloyds

Thursday: NatWest

Friday: Santander

Finding the right location for a Banking Hub that is convenient, accessible and works for everyone often takes time so Cash Access UK is delighted to have been able to secure a convenient premise within the heart of the community. This development is a significant step forward in bringing a Banking Hub to Newton Aycliffe.

The team at Cash Access UK are now working hard to fit out the new premises and will update the community on progress and an opening date as soon as they can. The Newton Aycliffe  Banking Hub page on the Cash Access UK website will provide updates as works progress.

Gareth Oakley, CEO at Cash Access UK: “I am pleased we are able to confirm a location for Newton Aycliffe’s new Banking Hub. Providing access to cash and face to face banking services is vital to maintaining a thriving community and we are confident that the Newton Aycliffe Hub will go a long way to supporting the local residents and businesses.”

Paul Howell, MP for Sedgefield: “This is great news for the residents of Newton Aycliffe, many of whom rely on access to these important banking services. I was delighted to engage with the delivery team from the day the closure was announced. For the residents of Newton Aycliffe this should prove to be a hugely positive step with different banks now delivering face to face services again. I look forward to seeing the positive impact the Hub will have and I am delighted that contracts are signed and delivery is imminent.”

If you would like to know more about the Banking Hubs please contact: isabelle.sinnott@h-advisors.global