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This branch is closing but your bank is always open Our Castle Cary branch is closing on Friday 27 October 2017 Reasons for closure, and alternative ways to bankThis branch is closing but your bank
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01
Check the bank's official website or contact customer service for announcements about local closures.
02
Make a list of your local branches and their operating hours.
03
Assess your banking needs and determine if you need to switch to a different branch or bank.
04
Visit the chosen bank or their website to open a new account if necessary.
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Update any automatic payments or direct deposits with your new banking information.
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Safeguard any personal documents and ensure your banking assets are secure during the transition.

Who needs banks are closing local?

01
Individuals living in areas where their local bank branches are closing.
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Businesses reliant on local banking services and need to find alternatives.
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Residents looking for banking amenities and services in their community.
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Financial advisors helping clients navigate changes in local banking access.
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This refers to the trend of local bank branches shutting down due to various factors such as increased digital banking usage, economic challenges, or shifts in consumer behavior.
Typically, bank management and regulatory compliance officers are responsible for filing reports regarding local bank closures as part of regulatory obligations.
Filing usually involves completing a designated form with details such as the bank's name, address of the closure, reasons for the closure, and any impact on customers.
The purpose is to provide transparency to regulators and customers about bank operations, ensuring compliance with financial regulations, and addressing community concerns.
Information required includes the bank’s name, addresses of the branches closing, closure dates, reasons for closure, and how customers will be notified.
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