Cash Access UK opens 50th Banking Hub

We're celebrating reaching a huge milestone. The UK's 50th Banking Hub has opened in Jedburgh in the Scottish Borders.

Access to cash and banking services remains vital for millions of individuals across the UK, despite more people choosing to bank and make payments digitally. Banking Hubs are shared face-to-face banking facilities which are accessible to all.

With the 50th Hub open, Cash Access UK sets its sights on reaching 100 by the end of the year, solidifying their commitment to providing cash and basic banking services in communities where they are needed most.

Gareth Oakley, CEO, Cash Access UK: “In a short space of time, we’re very proud of the difference the Hubs are making. It’s been a particularly busy six months, this week alone, new Hubs have opened in Harleston, Shirebrook and now Jedburgh. Our Hubs are proving extremely popular, serving hundreds of customers every day and our data shows that more than 80% of customers would recommend a Hub to others. This goes to show just how much people value access to cash and face-to-face banking. If you visit the more established Hubs, you will also see how they are bringing energy and life back to these communities too.”

Ross Borkett, Banking Director at Post Office: “With the opening of Jedburgh Banking Hub I’m delighted that we are now operating 50 Banking Hubs across the UK in partnership with Cash Access UK. This is a significant milestone for both Cash Access UK and all of our postmasters who operate the banking hubs. Postmasters and their teams work so hard to create an accessible and friendly location where residents and local businesses alike have somewhere convenient to access and deposit their cash and support the local high street. Banking Hubs are proving very popular with local communities and we’re receiving excellent feedback on the support local postmasters offer. I’m excited to see the success of Banking Hubs extend to many more locations across the country in coming months.”

Bim Afolami, Economic Secretary to the Treasury: “I fully support the roll out of banking hubs, ensuring that communities up and down the country have sufficient access to cash and banking services. I welcome the opening of the 50th Hub in Jedburgh and progress by the financial services industry to protect access to cash following the government's legislation last year. I look forward to seeing more Hubs opening in the coming months.”