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Business & Economy

Newcastle Building Society reaffirms high street commitment with Stokesley investment

Newcastle Building Society has reiterated its commitment to the high street with the opening of a new branch.

The mutual has cut the ribbon to officially open a new site in Stokesley, North Yorkshire.

The branch, based over the road from the society’s previous site in the town, was opened by Bob Roberts, chairman of trustees at Stokesley’s Globe Community Library.

Bosses say the new branch, on Stokesley High Street, will provide customers with better access to services, information and advice, and includes improved meeting spaces to discuss personal financial planning.

The move is part of a wider, multi-million-pound investment across the mutual’s branch network, which will see work on new or improved facilities in every part of its existing portfolio.

The company previously revealed it was expanding into Bishop Auckland and moving into a new base in Barnard Castle, County Durham.

It is also setting up operations in Hawes, North Yorkshire, and Wooler, Northumberland.

Speaking about its Stokesley move, branch manager Lynne Moore said: “It was great to be able to share our official opening day with so many customers and share what’s now on offer at their local branch.

“This sort of investment reaffirms our long-term commitment to the high street presence by investing heavily in maintaining, enhancing and expanding a modern branch network.

“Bob is a real pillar of our community and we’re very pleased he took the time to do the opening honours for us.”