A BANK in Caldicot is to close due to what the operators say is a decrease in usage over the years.

The Lloyds branch, in Newport Road in the town, will close on Monday, January 16, next year.

Lloyds say that the nearby Post Office will serve as an alternative to customers still wishing to access banking services.

There also remains a Lloyds branch in Chepstow.

A Lloyds Bank spokesman said: “Visits to our Caldicot branch have fallen over recent years, as many customers now choose to bank in different ways.

"When the branch closes in January, customers can continue to bank in person with us at the Chepstow branch, or the local Post Office on Newport Road.”

Lloyds say that 78 per cent of customers at the Caldicot branch already use other ways of banking, such as over the phone or internet banking, as well as other branches

There also remain a free to use ATMs in the town. There are eight free to use ATMs within four miles of the closing branch.

Lloyds say they are getting in touch with Caldicot customers "to let them know about the alternate local banking services available".