Natwest is to close its Shanklin branch in June 2017, it has been announced this week.
With more and more customers using online and mobile banking, the bank has taken the decision to close the doors to the High Street branch on 5th June 2017.
In August the branch’s opening hours were slashed.
A spokesperson for Natwest has said:
“We are communicating with our customers affected by the closure and proactively contacting vulnerable and regular branch customers.
“We have listened closely to feedback from local communities and have extended the time between announcing our decision and the branch closure to six months. This has been done in order to ensure our customers have time to consider the right banking options for them.
“We know that not all of our customers are comfortable and familiar with using online or mobile banking, so we have created a new specialist task force of Digital Experts who will be dedicated to supporting our customers with training and support with digital skills.
“We are following the Access to Banking protocol and we have made the decision after careful consideration of a wide range of factors, including regular branch usage and the alternative ways our customers can bank with us.”
The nearest branch will be Ryde, some 9 miles away.