Chadderton and Royton are both standalone towns which deserve a foundation of local services to support the local community.
That is why we are calling for the introduction of Banking Hubs in both Chadderton & Royton, so that local people can access the everyday banking services of which used to be provided by multiple high street banks, and these services secured for the long-term.
It makes sense to use the existing post offices in those towns as a base for further services.
Over the years, the erosion of high street banking has left gaps in accessible financial services. In Chadderton, the closure of the Yorkshire Bank in 2017, and in Royton, the closure of Lloyds Bank in 2021, have significantly impacted local residents and businesses.
I have written to the Department of Business & Trade to request the criteria to change after banking hubs were rejected for Royton, and are working closely with both Post Offices to secure the return of local high street banking services.
Jim McMahon OBE MP 