Fund to boost bank access in branch closure areas

A fund has been launched to help improve banking services, including access to cash, in areas hit by the loss of bank branches.

Organisations across York and North Yorkshire are being invited to apply, according to York and North Yorkshire Combined Authority (YNYCA).

The programme will support projects to strengthen in‑person provision in towns and villages where withdrawing or depositing money has become more difficult.

Mayor of York and North Yorkshire David Skaith, said: "Having access to banking services is still incredibly important for many people, businesses and communities."

As more services move online, YNYCA said people in rural areas were often travelling further to withdraw cash, make deposits or access in‑person support.

Skaith said the continued loss of branches had left residents with "fewer ways to manage their finances", while businesses still relied on "face‑to‑face banking".

"Keeping these services available isn't just about banking, it's about supporting local businesses, helping our high streets succeed, and making sure communities can continue to thrive," he added.

Fiona Whittet, a councillor in Bentham, said the closure of the town's bank had removed an important focal point.

"For many people it's difficult to access branches in places like Skipton due to limited public transport. People are also looking for guidance and advice on their accounts, savings and mortgages, and that's been a real struggle," she added.

Ali Hussain, owner of the newly opened Treasury restaurant in Whitby, said the decline of High Street banks was "hugely regrettable".

"A simple banking trip can take up to three hours, costing valuable time and increasing environmental impact," he said.

YNYCA said the fund would support "cash withdrawals and deposits, business banking and everyday account management", with projects offering wider community benefits encouraged.

A spokesperson said support was targeted at places including Bentham, Filey, Leyburn, Haxby, Settle, Tadcaster and Whitby, where investment was "likely to have the biggest impact".

Applications from organisations and partnerships were welcomed, with collaboration "strongly encouraged", they said.

Listen to highlights from North Yorkshire on BBC Sounds, catch up with the latest episode of Look North.