Cowdenbeath banking hub plans approved

It will sit on the town’s High Street, in place of the old Lloyds TSB branch that closed in 2021.

Banking hubs are a shared banking space, similar to a traditional bank branch, but available to everyone.

A public consultation was carried out ahead of the decision to grant permission, and no objections were made.

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LINK, the UK’s cash access and ATM network, announced that a hub would be created in the town as part of a wider commitment to protect access to cash.

Lloyds TSB closed in 2021. (Image: Google Street View) It will include a new ATM machine, along with branded signage and a secure office.

The hub will include a fresh ATM machine. (Image: Google Street View) The applicant, Les Campbell of Cash Access UK, was told that approval comes with the condition that the development must be commenced no later than three years from April 17.

It’s welcome news for residents following the announcement that the last remaining bank in town, Bank of Scotland, is marked for closure in June.

Some had expressed disappointment at having to travel further afield for banking services.