Lloyds Bank will close their Ivybridge branch on January 14 next year.

South West Devon MP Rebecca Smith has issued this statement:

‘While I appreciate that many of us have now moved onto mobile banking, a significant number of customers who still prefer to bank in person will find this news disappointing.

I know of residents as far as Bigbury and Newton and Noss travel to use their services.

The staff have worked there for years and are more than just employees to its customers.

This is the last bank in Ivybridge, and the next Lloyds is in Plymouth.

I am concerned about the impact this will have on footfall on the high street.

I will be speaking with relevant groups about this closure and also have a well-timed meeting with Barclays about their closure in Ivybridge.

You can still access cash at the two Coops and Post Office in Ivybridge. Ivybridge Post Office does offer banking services which you can read more about here www.postoffice.co.uk/everydaybanking

A Lloyds spokesperson said: “The way people are banking has changed, as more than ever, customers are choosing to manage their money through our app.

“The local Post Office offers everyday banking, with cash also available at close by free-to-use ATMs. Customers can also manage their money on our app, online or by calling us.”

The bank is advising customers that the nearby Post Office away at Glanvilles Mill, offers personal and business customers everyday banking services such as access to cash and paying in of cheques.

The nearest free-to-use ATM is a short walk away and mobile banking gives people 24/7/365 access to their finances.

Customers can see all their money in one place, pay in cheques, apply for finance, manage subscriptions, check their credit score, message customer support teams and more.

The bank’s apps are also compatible with standard device screen readers.