Gants Hill Lloyds branch closes after more than 80 years
- Credit: Google
A branch of Lloyds Bank has closed after more than 80 years.
The closure of the Eastern Avenue bank, which was first opened in 1939, was announced in June along with 43 other branches of Lloyds and Halifax.
Lloyds said the decision was based on changing banking habits among its customers.
Vincent Goodman, a local businessman and amateur historian, said the closure was a “massive loss”.
“It’s going to be like a ghost town, I think.”
Vincent, whose printing business is located next to the branch on Gants Hill roundabout, said he had spoken to bank staff who he said were “gutted” to see it close.
You may also want to watch:
According to Vincent, who runs a historical interest Facebook page called the Gants Hill Facebook group, the building was constructed specifically for the Lloyds Bank, which opened on March 22, 1939.
He explained: “When Lloyds opened on that corner, there wasn’t anything else. My shop, that corner, where my shop is and that whole parade hadn’t even been built.”
- 1 East London police officer charged with rape
- 2 Teen dies after being stabbed in reported fight on Loxford street
- 3 Man taken to 'trauma centre' after head injury at Hainault station
- 4 Murder investigation launched after fatal stabbing of teen in Loxford
- 5 ‘Game-changing’ kebab chain to open Barkingside branch
- 6 Man charged in connection with alleged police car ramming in Ilford
- 7 Mapped: Possession of weapons across east London
- 8 Childhood sweethearts to open 'Brick Lane-style' deli in Barkingside
- 9 Liverpool Street to Shenfield line suspended as person hit by train
- 10 South Woodford curry house named best in the nation
He said when he was growing up in the area in the 1980s, the bank employed as many as 40 staff and handled an account for the confectionary giant Trebor, which had a factory in Woodford Avenue.
A Lloyds Bank spokesperson said it made the decision to close the branch "due to the changing ways customers choose to bank with us, which means the branch is being used less often”.
The bank claimed 86 per cent of its personal customers in Gants Hill already use other branches and other ways to bank, such as online or telephone banking.
“Customers can continue to bank locally by visiting the nearby Post Office, which is less than half a mile from the branch. The nearest alternative branch is Ilford," they said.
Customers will have their accounts reassigned to the Ilford branch.
The nearest Post Offices to the closed branch are in Cranbrook Road, Eastern Avenue and Longwood Parade.