The new modern open-plan space officially opened in Pickering's Marketplace last Wednesday.
This provides customers with access to Newcastle Building Society's full range of face-to-face services, information and financial advice. The opening marks the latest stage in a multi-year, multi-million pound investment in the region's high streets and communities.
As with all branch services, Newcastle Building Society is pioneering the use of multi-bank kiosks at its new site in Pickering. OneBanx kiosks allow individual and small business customers to withdraw money and deposit coins and bills in cash into their bank accounts. The kiosk provides essential cash access for town residents, visitors, and businesses who continue to use cash and rely on convenient access to their accounts. Anyone can come into a branch and use a OneBanx kiosk, whether or not they are a Newcastle Building Society customer.
The opening of the association's 32nd branch comes ahead of the closure of Pickering's last bank, with Barclays citing declining customer usage and increasing preference for digital banking as behind the decision to close in 2025. There is.
Andrew Hague, CEO of Newcastle Building Society, said: “As we have seen in Pickering, while banks continue to pull down their shutters, we remain committed to building a long-term presence in our communities. That's why we're expanding our footprint and investing in high streets and cities.
“We believe that having a branch on the high street is always better, not only because it gives our members more choice in managing their finances, but also because it has a positive impact on the local community. Pickering Our branch team in is already deeply connected to the community and we can't wait to grow in town and start building long-term relationships.
“As a mutual, we remain focused on serving our members and communities in the way they need us. As more people recognize the value of financial services located downtown, It is encouraging to see balances and customer numbers increasing.”
The association welcomes the Mayor of Pickering Town, Councilor Emma Duplin and Ryedale Community Foodbank representative Ian Clark to cut the ribbon at the official opening event, along with Andrew Hague, chief executive of Newcastle Building Society I did it.
Ryedale Community Foodbank recently received a £5,000 grant from Newcastle Building Society Community Fund.
The new branch expands the association's presence in Pickering, which began in 2019 when the association acquired a dedicated financial counseling office in the town. The financial advice team has already moved from its existing office in Champreys Mews to a new branch in Market Place.
For more information about our work with Newcastle Building Society and its branches, please visit www.newcastle.co.uk.
