Cash Access UK is associated with co-op to accommodate a new banking center

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Cash Access UK, the organization created to protect access to species across the country, has teamed up with Co-OP to open its first banking center in a supermarket setting.

The hub – located in the co -op Treorchy convenience store in the south of the Wales country – will offer residents and local businesses practical access to essential banking services as well as their daily purchase needs.

Although more banking customers choose to banish and pay for it digitally, there are still many customers and companies that require regular access to cash and face to face banking services. Consequently, the banking sector met in 2022 to start the wider deployment of the bank centers to help maintain these services in the high streets. 150 hubs are open across the country.

Gareth Oakley, CEO of Cash Access UK: “We are delighted to associate ourselves with Coop to establish our Center Bancaire Treorchy permanently in their local store. This collaboration guarantees continuous access to cash services and banking for the community, with daily support for cash transactions and planned visits to predictions.

This decision is part of the emphasis on Co -OP on the creation of additional services in its stores and, social value – promoting stronger and more resilient communities.

Mark Matthews, director of format and innovation, Coop, said: “We are delighted to associate ourselves with Cash Access UK – and delighted to welcome their very first center banking in a convenience store. At the heart of our approach, our stores are more than just a shop. Providing a permanent house for the Treorchy banking center within the local cooperative will guarantee practical access to species and financial services for the benefit of the local community. »»

A banking center is a shared banking area on the main street. The hubs offer a counter-service operated by the post office, where customers of all large banks and construction companies can make regular cash transactions, from Monday to Friday. HUBS also offer a community banker service where customers can speak to their own bank of more complicated banking problems. Community bankers work on rotation, with a different bank available every day of the week. Community bankers are generally provided by banks with the most customers in the region.

The banking center, operating from Monday to Friday from 9 a.m. to 5 p.m., will offer customers of all large banks the possibility of making regular transactions, including cash withdrawals, deposits, balance checks and invoice payments.

In addition to the daily bank, the HUB offers a dedicated community banker service with representatives of different banks available throughout the week:

Monday: Natwest

Tuesday: HSBC

Wednesday: Santander

THURSDAY: Lloyds

Friday: Barclays

The location of the cooperation was selected after a careful examination and the site meets all the accessibility conditions and offers free parking and practical proximity to High Street, making it an ideal location to meet the financial needs of the community.

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