Banking Hubs

The motion

That the Parliament acknowledges that Banking Hubs can give communities across Scotland, including in the Mid Scotland and Fife region, access to banking services and face-to-face support from major high street providers; understands that Banking Hubs are shared spaces similar to a bank branch that allow access for customers to multiple banks, and offer face-to-face banking services, including cash and cheque transactions, balance checks and bill payments, which, it believes, are especially helpful to local residents who are either unable to, or do not wish to, use electronic banking; notes with concern reports that high street bank closures are becoming more prevalent; further notes the view that there is a growing need for Banking Hubs as a result; understands that these hubs are typically located where traditional bank branches have closed, and that, operated by the Post Office, they feature community bankers from different banks on specific days for more complex needs; further understands that many constituents, especially older people or those living alone, look forward to the social interaction of going to a branch to conduct their financial affairs, and that they can often find comfort in the feeling that someone is taking an interest in the security of their money; welcomes what it sees as the Post Office’s proactive approach, and notes the hope that there will be more Banking Hubs opening in and around the towns of Scotland, including in Bridge of Allan and other rural areas.

No recorded vote on this motion. Most motions are never debated, and many that are debated are agreed without a division. Vote records are published from 2011.

Con 19 SNP 8 Lab 3 Ind 1 LD 1

Party shown is each supporter’s party when the motion was published.

No contribution in the Official Report cites S6M-18131 by reference.