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Kirkcaldy bank closes doors on 109 year legacy

Clydesdale Bank customer John McMorine at the Kirkcaldy branch

Clydesdale Bank customer John McMorine at the Kirkcaldy branch

 

Customers have reacted with dismay and disappointment at news that Kirkcaldy’s Clydesdale Bank is set to close its doors for good.

A spokesman from the bank confirmed the branch on Kirkcaldy High Street, which employs six people, would be closing on July 30 because it was “unsustainable”.

But that news was met with a sense of bewilderment by customers such as John McMorine (36), pictured, from Kirkcaldy.

He said: “I think it’s absolutely ridiculous.

“Although I do a lot of internet and telephone banking sometimes you would rather have a conversation with someone face-to-face.

“Should the Clydesdale not be thinking ‘let’s cut some of the higher management’ and make savings that way, like SSE, for example?”

The bank made the decision as part of a sweeping restructuring programme.

A spokesman said: “A total of 28 unsustainable branches will close; the majority as a result of lease break review points.

The associated £5 million savings will be fully reinvested in improving the remaining branch network.”

While the Kirkcaldy branch is due to be sacrificed, the Glenrothes Kingdom Centre branch - which opened in 2011 - will remain open.

Staff from Kirkcaldy, who the Press understand were stunned by the announcement, are to be employed elsewhere within the company.

A 27 year-old Kirkcaldy mum, a long-standing customer at the Clydesdale Bank, said: “I’ll probably be changing banks now.

“I would have thought that Kirkcaldy would have been big enough to keep this branch open. Kirkcaldy is going to be left a shell.”

Kirkcaldy High Street serves a population of 50,000 people.

Bill Harvey, manager of Kirkcaldy4All commented: “We are bemused by the fact that a major bank, such as the Clydesdale, finds it unsustainable to operate within the largest retail centre in Fife.”

>> The Cupar branch is also set to close .

 

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