South London residents rally to save their community's last remaining bank

"Hundreds of New Addington residents have signed petitions to save the area's last remaining bank, warning that its closure could deepen isolation for elderly and vulnerable residents on the outskirts of Croydon. The Lloyds branch on Central Parade is set to close, potentially for good, on January 14, 2026. Locals fear the move will leave many without access to essential cash services, forcing them to travel into Croydon town centre or further for basic banking needs."

"Local resident Jessica Cres highlighted her security concerns on Facebook, saying: So many people rely on Lloyds. Being able to withdraw money inside the bank makes many residents feel a lot safer. During a visit to New Addington, local resident Richard Salami told the Local Democracy Reporting Service (LDRS): It's the last one we have up here. We will have to travel all the way into Croydon to do in-person banking."

The Lloyds branch on Central Parade in New Addington is scheduled to close on January 14, 2026. Hundreds of residents have signed petitions and taken to social media to oppose the closure. Locals warn the loss of the last bank will deepen isolation for elderly and vulnerable people on the outskirts of Croydon. Many residents rely on in-branch cash withdrawals and cannot use online banking or new phones. Residents say the closure will force travel into Croydon town centre for basic banking and could reduce local trade unless businesses install cash tills. The branch already operates a reduced counter service.

Read at www.standard.co.uk