TSB CLOSURE WILL LEAVE ALLOA TOWN CENTRE WITH ONLY ONE HIGH STREET BANK, AND ONLY TWO CASH MACHINES – BROWN 

The MSP for Clackmannanshire and Dunblane, Keith Brown, has condemned the news that TSB’s Alloa branch is to close.  

The MSP has warned that closing the branch will mean that Alloa town centre is left with only two cash machines, which will be a concern for those people and local businesses who rely on cash. 

Mr. Brown has also suggested that a banking hub – a building which offers banking services, Post Office services and bill paying services all under one roof, like the one in Carluke – could be the way forward to preserve high street banking and access to cash in Alloa town centre.  

Mr. Brown will contact TSB to raise these concerns and urge TSB to re-consider this move.  

SNP MSP for Clackmannanshire and Dunblane, Keith Brown, said: 

“I am both shocked and appalled at the news that the TSB branch in Alloa is to close. 

“This will leave one bank in Alloa – and indeed in Clackmannanshire which for an area with a population of nearly 52,000 is disappointing.  Local people will quite rightly feel let down by the big banks. 

“Closing TSB will mean that Alloa town centre is left with only two cash machines, which will be concerning for those people who rely on cash.” 

“Many businesses and residents will have moved to TSB in good faith when the other banks shut, and in my view, TSB should rethink this decision.” 

“There are other cash machines in Alloa – at Tesco and Asda – but that takes people out of the town centre, and stops people spending cash in local businesses.” 

“That’s before mentioning the impact that this closure will have on those employed at the branch.” 

“Alloa went without a Post Office for a good amount of time, and this caused many issues – so local people and businesses will have reservations about relying on banking services here.” 

“I’ll be writing to TSB and urging them to look again at this decision and to request a meeting to discuss the matter further.” 

“I have previously tried to push the idea of a banking hub for Alloa town centre, as they have in Carluke – a centre which offers a Post Office, personal & business banking, and bill payments for multiple banks, all under one roof. I think this could be a workable solution for Alloa and I will explore this option further.”