Back to today’s briefing

Story perspectives

NatWest to Close 25 Branches Amid Digital Shift

5/11/2025

50 9

Summary

NatWest Branch Closures

NatWest will close 25 branches in June 2025, continuing a trend of UK bank closures.
Since 2015, the bank has closed 1,431 branches, including 48 last year.
More than 80% of customers now favor digital banking, driving this transition.
The bank will invest £20 million to improve remaining branches and services.
Vulnerable populations may struggle with limited access to online banking options.

Summary

TD Bank Closures

TD Bank plans to close numerous branches in 10 states, including three in Pennsylvania and five in New Jersey, by June.
These closures come after a $3 billion fine related to a money laundering scheme involving drug cartels.
The bank is focused on ensuring a smooth transition for customers and employees as it shifts towards digital banking.

History

Historical Context

NatWest's branch closures echo the 2008 financial crisis, which accelerated the shift to digital banking. As banks downsized, customers increasingly embraced online services. This trend mirrors historical banking transformations, such as the rise of ATMs in the 1980s, reshaping customer access to financial services.

1 of 3

NatWest Branch Closures

NatWest will close 25 branches in June 2025, continuing a trend of UK bank closures.
Since 2015, the bank has closed 1,431 branches, including 48 last year.
More than 80% of customers now favor digital banking, driving this transition.
The bank will invest £20 million to improve remaining branches and services.
Vulnerable populations may struggle with limited access to online banking options.

1 / 3