Swansea Council leader Rob Stewart and Labour councillors Robert Francis-Davies and Andrea Lewis say the impending closure of two important branches of HSBC will be a huge blow for the area.
HSBC has informed the Council that both the Morriston branch and the Swansea Riverside Commercial Centre branch of HSBC will close on Friday, September 2 at 14:00.
The bank said in a letter to the council that the decision had been made after analysis of each branch showed they had ceased to be commercially viable.
Staff will be redeployed to other HSBC branches and customers will be advised of other banking facilities and offered training on how to use phone and internet banking.
“This is a great blow for the many people who rely on these branches of HSBC,” said Cllr Francis-Davies.
“I speak for all of Swansea’s Labour councillors, but especially for my colleagues in Morriston and Llansamlet wards, when I say that these closures will be detrimental to their local areas and create difficulties for local customers, especially those who find internet and telephone banking difficult or impersonal.”
Cllr Lewis said: “We feel it is still important for banks to offer a face to face customer service: sometimes a phone call or the internet is simply not enough and can be impersonal. The main concern, particularly in Morriston, would be the negative impact this could have on local businesses with the closure of these branches reducing footfall on our high street.”
Cllr Stewart added: “We will be writing to HSBC to express our opposition and to ask that they reconsider.”