Sidmouth's new banking hub will be located in the former Joules shop in Market Place.

Cash Access UK, the organisation behind the scheme, announced the location today (Thursday, December 21) and is now working to fit out the premises. An opening date will be announced as soon as possible, updates will be posted on the Sidmouth page of the Cash Access UK website.

The hub  will offer a counter service operated by the Post Office, open Monday to Friday from 9am until 5pm, where customers of all major banks and building societies can carry out regular cash transactions. There will also be a Community Banker service for customers to meet a representative of their own bank; they will work on rotation, with a different bank available on each day of the week.

Monday: NatWest

Tuesday: Santander

Wednesday: HSBC

Thursday: Lloyds

Friday: Barclays

Cash Access UK said it is 'delighted to have been able to secure convenient premises in the heart of the community'. 

Simon Jupp, the MP for East Devon, said: “I am really pleased to confirm the location of Sidmouth’s new banking hub. The old Joules store is right at the heart of the town and as a Sidmouth resident, I’m looking forward to my first visit. Being able to access face-to-face banking advice is crucial for many customers and businesses in the Sid Valley. I have been working closely to bring the banking hub to our town and I’d like to see others open across our part of Devon.”

Cash Access UK is a not-for-profit company owned and funded by 10 major banks and building societies, as part of a new collective approach to protecting access to cash. They provide shared services - available to the customers of ten firms - in communities where they are needed most.