Could Town Lose its Bank?

Barclays has submitted proposals for a new ATM in Castletown which has hinted towards a future without a branch in the town.

The application raises questions about the future of the bank in the town as it already has its own ATM attached to the branch.

The bank’s plan is to install an ATM at the Castletown Civic Centre on Farrants Way.

The application, submitted by John Wainwright of ‘3 Shires ATM Solutions’, says the bank is ‘looking to future proof 24- hour cash for the local area by providing an ATM machine accessible from the pavement as a valuable improvement to the area’.

However, it adds: ‘The ATM will be serviceable without the requirement of a branch at this site.’

The centre is a mere minute’s walk from the current branch.

Currently Barclays only opens in Castletown three days a week, on Mondays, Wednesdays and Fridays.

Barclays is the final bank still operating a permanent branch in the town.

Gef has contacted Barclays to ask about the future of the branch.