Cash Access UK, the organisation set up to protect nationwide access to cash, has confirmed that the new Banking Hub in Oakham will be located at 43, High Street.
The Hub is due to open in April 2024, and will offer a counter service operated by the Post Office, where customers of all major banks and building societies can carry out regular cash transactions, Monday to Friday, 9.00am - 5.00pm. There will also be a Community Banker service where customers can talk to their own bank about more complicated issues on the day their bank is in the Hub. Community Bankers will work on rotation, with a different bank available on each day of the week:
Monday: Barclays
Tuesday: NatWest
Wednesday: Santander
Thursday: Lloyds
Friday: HSBC
Finding the right location for a Banking Hub that is convenient, accessible and works for everyone often takes time so Cash Access UK is delighted to have been able to secure convenient premises in the heart of the community. This development is a significant step forward in bringing a Banking Hub to Oakham.
The team at Cash Access UK are now working hard to fit out the new premises and will update the community on progress and an opening date as soon as they can. The Oakham Banking Hub page on the Cash Access UK website will provide updates as works progress.
Alicia Kearns, Member of Parliament for Rutland and Melton, said:
“Oakham receiving a Banking Hub is really great news for our community and for all those who rely on cash and face-to-face banking. I genuinely believe this new hub will offer better access to banking than we had before, with five different banks operating from the same site. I so look forward to its opening and I am so pleased that Rutlanders will benefit from this new infrastructure.”
Gareth Oakley, CEO at Cash Access UK, said:
“We are delighted to be able to confirm the location for the Oakham Banking Hub. We know more people are banking online and paying for things with cards and digitally, but access to cash is still important and I’m really pleased that we will soon be able to open the new Hub and bring banking services back to the town.”
