Trustee Savings Bank, better known as TSB has announced it will slash 250 jobs and shut 36 branches across the UK.

Redundancies will be made in the fraud operations department of the high street bank, central operations and staff who work at the branches listed for closure.

Reports earlier this year suggested that cuts were coming after the boss of TSB's Spanish parent firm Sabadell, revealed in February that cost-saving plans would result in job losses and branch closures.

Branch closures will begin in September 2024 and in May 2025.

The bank will have 175 branches across the UK after the latest round of closures. Ten branches have already been closed over the last year.

TSB branches closing in September 2024:

• Alloa
• Bedworth
• Birmingham, Pype Hayes
• Bridlington
• Buxton
• Carmarthen
• Cwmbran
• Dovercourt
• Edinburgh, Leith
• Felixstowe
• Frome
• Glasgow, Cardonald
• Glasgow, Castlemilk
• Haddington
• Hounslow
• Lerwick
• Leven
• London, Bethnal Green
• London, Clapham
• Longton
• Manchester, Middleton
• Newcastle upon Tyne
• Peterhead
• Sheerness
• Stornoway
• Torquay
• Whitehaven

TSB branches closing in May 2025:

• Amble
• Aylsham
• Banff
• Bedlington
• Bude
• Crook
• Flint
• Tenbury Wells
• Whitchurch

A TSB spokesperson said it is making the changes "to remain competitive" and "to simplify the way we operate".

"Our priority is to consult with impacted colleagues to ensure they're fully supported, maximising redeployment opportunities where we can," the spokesperson added.

"We remain committed to a national branch network and through innovation and integration with video, telephone, digital, branch and other face-to-face services TSB customers have more ways to bank with us than ever before."

The workers who are due to lose their jobs "perform essential work in the fraud departments and across the branch network", Unite regional officer Andy Case said.

"Through extensive negotiations Unite has been able to substantially reduce the number of jobs at risk. However, that isn't sufficient, the union is pressing TSB to urgently reconsider its damaging bank branch closures plan.

"At a time when customers are increasingly concerned about financial fraud and often need support from a local bank branch this is the wrong course of action."

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