Barclays Bank is set to close its branch in Prestatyn.

The news follows the announcement from HSBC, earlier in January, that it too will be vacating the town this year.

TSB is also closing their Prestatyn branch in March 2021.

With Barclays planning to shut its doors in May and HSBC in July, the town will only be left with just the Principality Building Society.

Lisa McCormick, Barclays Market Director for North Wales said: “The decision to close a branch is never an easy one. However, customers are increasingly using alternatives to branches to do their banking. As a result, we are seeing a sustained fall in branch visits across the UK.

“This is reflected at the Prestatyn branch where there has been a 14 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (84 per cent) of our customers at the branch are also using different ways to bank.

“We will work with our customers and provide alternative options to ensure they can continue to manage their money and receive financial expertise when required.”

The branch will close on May 7 and the next nearest branch will be available at Rhyl.

Cllr Tony Flynn, mayor of Prestatyn and Meliden. said: "This will be devastating for our residents. I know since both NatWest and Royal bank of Scotland closures I have been going once a week to Rhyl where the parking is a nightmare.

"Shame on the banks that have deserted our town, I can't imagine how we will get by with no ATM machines in our high street leaving only the ones on the retail park.

"Why can't banks work towards sharing a building all under one roof having shared facilities and allocated One kiosk per different bank so cutting the costs like in an airport.

"Lots of residents have contacted me and are furious."

Dr James Davies has met with HSBC to discuss their closure and the possibility of them overturning their decision, but was told the branch will definitely be closing.

He said: "This is a huge blow for Prestatyn, particularly coming one week after HSBC’s announced closure and I have called for an urgent meeting with Barclays to discuss their decision and to emphasise the current situation in the town.

"Whilst I appreciate that in recent years there has been a surge in the use of online banking, there are still people, particularly the elderly, who like to bank in person.

“During my meeting with HSBC, I highlighted the impact of their closure on local businesses and those people who don’t use online banking, as well as the provision of free ATMs in the town. They told me that they will be maintaining a branch in Rhyl, that customers will be able to access services at the Post Office in Prestatyn and that they will be reaching out to all customers who currently don’t use online banking to inform them of the alternative banking methods available.

“At the time of my meeting, I had not been informed of Barclays’ plans, so I have now gone back to HSBC to make them aware that once Barclays closes in May, they will be the only remaining bank in Prestatyn, with the hope being that this latest information may influence their decision to close.

“In recent years Prestatyn has lost Santander, NatWest, a Credit Union, the Royal Bank of Scotland and the Yorkshire Building Society.

"It now stands to lose TSB, Barclays and HSBC. If banks are adamant on closing, then they need to ensure that adequate alternative provisions are available to their customers, and I will continue putting pressure on HSBC and Barclays to ensure that they are.

“As well as meeting with Barclays and going back to HSBC, I have also called for a meeting with TSB in a bid to convince them to preserve the cash point at the top of the High Street," Dr Davies added.

Dr Davies has been informed by HSBC that there will be no staff redundancies at Prestatyn, with all staff being transferred to other branches.

He has also sought assurances from HSBC regarding the maintenance of the bank branch premises following closure and until such time as another use is found.