Risca Banking Hub Location Confirmed

Published on 4 October 2024

We’re happy to confirm that the new Banking Hub in Risca will be located at 52 Tredegar Street.

Finding the right location for a Banking Hub that is convenient, accessible and works for everyone often takes time so Cash Access UK is delighted to have been able to secure convenient premises in the heart of the community. This development is a significant step forward in bringing a Banking Hub to Risca.

The team at Cash Access UK are now working hard to fit out the new premises and will update the community on progress and an opening date as soon as they can. The Risca Banking Hub page on the Cash Access UK website will provide updates as works progress.

This will be the seventh banking hub to open in Wales with four more planned to open in Flint, Monmouth, Morriston and Mountain Ash.

Gareth Oakley, CEO at Cash Access UK: “It’s great news that we have secured a location for our Banking Hub in Risca. It’s a big step forward and we’ll keep the community updated as it progresses.”  

Ruth Jones, the MP for Newport West and Islwyn: "I've visited local banking and Post Office branches in Newport West and Islwyn this summer and I know how essential their financial services are.

"In my experience I've found too many people miss out because of where they live. I also know not everyone is comfortable conducting their business online and there should be a suitable face-to-face alternative.

"That's why I'm so pleased to welcome this banking hub in Risca which should bring power back to the community and allow people to handle their finances closer to home."