Newquay’s last remaining bank is set to close its doors at the end of the year.

Lloyds plans to shut its branch in Chester Road on December 4 due to declining number of customers.

The bank states personal customers using the branch in 2023 was down 54 per cent compared to 2018 whilst business customers reduced 60 per cent.

Some people are sad and disappointed Newquay’s last remaining bank is closing as many still rely on the branch.

But others say the closure will not impact their lives as they use online banking anyway, and state most banking services are available in post offices. 

They also point out there is a Nationwide building society still open in East Street.

Daniel Smith said: “I can’t believe a town the size of Newquay won’t have a bank.

“So many older people just can’t and won’t use phone or online banking.

“It’s a shame to lose not only the service you get from a local bank that is available for anyone of any age or technical ability but also the staff who will lose their jobs.”

Another resident added: “Newquay has lost everything. Bring back the little old Newquay town where everybody knew each other, and you could buy anything you needed. 

“Shame that will never be.”

The cashpoint machine at Lloyds will also be taken out following the closure.

A spokesperson for Lloyds said: “Before we close any branch, we look at how our customers are managing their money and using the branch. 

“Most customers are now using our mobile app, internet banking or calling us instead, which means they are using branches, including the Chester Road Newquay branch much less. 

“This means we'll be closing Chester Road Newquay branch.

“A community banker will visit the area to offer banking services and account support.”