Town’s only bank shuts after 100 years

Caistor market place EMN-150825-114141001
Caistor market place EMN-150825-114141001
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Caistor’s NatWest bank yesterday closed its doors for the final time after more than 100 years in the 
town.

The bank announced the closure back in May blaming a drop in 
transactions.

But the news left many residents concerned as the 
move now leaves Caistor without a bank.

NatWest said the Caistor branch had seen a 16 per cent drop-off in use since 2011, with just 36 customers using the branch every 
week.

The county councillor for Caistor, Tony Turner, even wrote to NatWest’s head of commerical services for Lincolnshire, Pat Doody, 
raising concerns about plans 
to close the bank.

Coun Turner said the closure will have a “significant and detrimental” impact on Caistor and the surrounding communities.

His letter said: “Our clear starting point is that we do not believe that the bank should 
be closed.”

He went on to say that should the bank go ahead with its plan, it must consider the vacant property and access to 
banking services.

He said: “There is a risk that the closure of the bank will lead to an empty property 
and I ask you to ensure that the property is maintained in an attractive way.”

He added: “I would urge you to monitor usage of the mobile bank... and to consider increasing the amount of time that the mobile bank spends in Caistor if the figures suggest that would be 
useful.”

NatWest plans to close its Market Rasen branch on September 1.

How will the closure 
affect you? Let us know by e-mailing rasenmail@jpress.co.uk 
or visit us on Facebook at facebook.com/rasenmail.