The six councillors who represent Kingswood town centre are calling on the Co-operative Bank to reverse its decision to close its branch on Regent Street.
Councillors were advised earlier this week that the bank plans to close the branch in May. In response, the local councillors have written to the Co-operative Bank's headquarters to ask for the decision to be reversed.
Councillor Pat Rooney says:
“We are disappointed that the Co-operative Bank is planning to close its Kingswood branch. As Labour councillors we support the co-operative ethos and would be very sorry to see this branch lost from our high street.
The next nearest branch is in Bristol city centre and I doubt that many local customers will trek there to bank, so the Co-op is likely to lose out. My colleagues and I are therefore calling on the Co-operative Bank to reconsider and reverse its decision to close the Kingswood branch.”
Her colleague Councillor Gareth Manson, who also chairs the Kingswood Business Association, adds:
“The Co-operative Bank’s decision is concerning, so I am writing to the other banks in Regent Street seeking their assurance that they remain committed to maintaining their presence in our town centre. We have been, and continue to be, working hard to promote business and retail in Kingswood”