104 Community Banking Hubs Motion
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Cabinet
Member: Resources and Deputy
Leader
Forward Plan Ref: 2025/103
Contact: Paul Wilding, Programme Manager
Paul.wilding@oxfordshire.gov.uk
Report by Director of Policy, Public Affairs and Partnerships (CA13)
On 1 April 2025 the Council passed a motion which stated: “Council requests the relevant Cabinet member for Community and Corporate Services and the Cabinet Member for Finance to take a lead from forward-thinking colleagues at Buckinghamshire Council and, working with its Town Council, and District Council partners, invite banks and building societies that have left – or are due to leave – our high streets to explore opportunities to work with this Council to set up similar banking hubs within appropriate Council libraries.”
The Cabinet
is RECOMMENDED to agree to the
continuation of efforts to engage banks to provide community services within
library facilities and other suitable locations in areas lacking banking
services
Decision:
Recommendations approved.
Minutes:
Cabinet had before it a report which set out the intended approach to take
forward the Council Motion on community banking hubs resolved by Council on 1 April
2025. A summary of recent work was included in the report together with an
analysis of areas currently lacking banking services.
Councillor Neil
Fawcett, Cabinet Member for Resources and Deputy Leader, presented the report. He reported progress on engaging
banks and building societies to provide community services in libraries and
other suitable locations, particularly to support digitally excluded residents.
During
discussion members highlighted local challenges with regard to banking
facilities and welcomed continued efforts and collaboration with local
councils.
Councillor
Fawcett moved and Councillor Gregory seconded the recommendations, and they
were approved.