Market Rasen’s Banking Hub has opened at 9-10 Market Place, offering essential banking services for residents and businesses alike.
The initiative, led by Cash Access UK, aims to safeguard access to cash and banking services across the UK, and the opening in West Lindsey has been warmly welcomed by the local community and district council.
The official ribbon-cutting ceremony took place on Friday with Chairman of the Council, Cllr Stephen Bunney and Mayor of Market Rasen Town Council, Cllr Jo Pilley.
Cllr Bunney said the project was a real ‘positive’ for the town. “Three years ago, this building was in a very sorry state – it has been empty for a number of years and was passing from one developer to another – the condition of the building was deteriorating fast – a definite eye sore in the centre if our town, there was a strong health and safety concern that any time it could collapse.”
West Lindsey District Council has championed this initiative and led a team that have worked with 8888 Capital Group sympathetically restoring the building which Cllr Bunney described as a ‘a high standard that we can all be proud of’.
Market Rasen Historic Building Grant Scheme awarded the project a grant of £66,603,00 to improve and conserve the historic building, using traditional materials and techniques in keeping with the heritage of the area.
Cllr Bunney added: “It is with great pleasure and pride that I formally open this facility and in doing so I wish Martin Sizer from the Post Office and his staff and all participating banks every success in their venture.”
The new Hub offers a counter service operated by the Post Office, available Monday to Friday from 9am to 5pm, where customers of all major banks can carry out routine cash transactions. Additionally, it provides a Community Banker service, enabling customers to consult with representatives from their own banks about more complex issues on designated days:
- Monday: HSBC
- Tuesday: Lloyds
- Wednesday: Santander
- Thursday: NatWest
- Friday: Halifax
