More Failings Found Under A6
All Change For Northants Banks
The Co-operative Bank today announced plans to close 37 branches - including it's Abington Street banch in Northampton.
The Co-operative Bank also confirmed it will roll out a rebrand that will see the Britannia name disappear from the high street.
Branches are being shut where there is another close by - on average within half a mile and in some cases next door to each other - as part of an overhaul following its merger with Britannia building society in 2009.
But the group stressed a presence will be kept in towns and cities where branches are being closed.
The move will lead to 34 job losses, largely at a managerial level, while the bulk of the 188 staff employed across affected banks are being relocated to neighbouring branches.
John Hughes, managing director of retail banking at The Co-operative Bank, confirmed the group will rebrand all Britannia branches under the Co-operative Bank banner by the end of 2013, marking the end of the society's history that dates back to 1856.
The Co-op will have just over 300 branches following the closures, but it is poised to buy more than 630 that are being offloaded by Lloyds Banking Group to appease EU rules on state aid.
Its deal with Lloyds is worth up to £750 million and will boost its branch network to nearly 1,000, adding another 4.8 million customers to its existing 6.5 million base.
The group has cut around £70 million in costs following the Britannia merger in August 2009 and had originally planned a three-year integration to combine the businesses.
But Mr Hughes said the Co-op had sought to ensure a "staged and measured" integration following the deal.
CHANGES IN NORTHAMPTONSHIRE
* Existing Abington Street Co-Op bank in Northampton to close, but nearby Britannia Bank in Abington Street to remain open and be renamed Co-Op bank
* Market Street Wellingborough branch of Britannia to be renamed The Co-Operative Bank
Kettering General Hospital's Entrance Is Permanently Changing
Night Car Support Helps Boost Mission Numbers
Business Leaders Say New Daventry College Will Help To Provide Industry Ready Workforce
Recently Played Tracks
Now playing: Non-stop hit music
Deposit £10 to get a £40 Welcome Bonus - That's £50 to play bingo, slots and more!*
Over 50 tracks to make you feel-good. New album out now...
Find your local four day weather report here.
What's happening on the roads where you are?
Make Heart the soundtrack to your day and you could be a winner with great prizes up for grabs throughout the day.
Find out more about some of the companies advertising on Heart.
Get some great ideas on how to advertise your business on radio, online and on mobile.