TWEEDDALE MP David Mundell has expressed deep concern at the announcement by TSB that they are to close their branch in Peebles.
Mr Mundell says that the decision will particularly impact on older, other vulnerable people and local businesses as well as the staff involved.
He plans to contact the bank for further clarification and establish if every possible avenue has been explored to reverse the decision.
Mr Mundell said: "The irony is that TSB have always put great emphasis on being Britain's 'local' bank which is hard to justify if they are removing their branches from towns the size of Peebles.
"Online and telephone banking are not an alternative for many of my constituents, particularly in rural areas where there are poor internet or mobile phone signals."
Mr Mundell has campaigned for greater access to cash because of ongoing bank closures and a reduction in the number of free-to-use dispensers, whilst Covid-19 has led to a reduction, without justification, in outlets accepting cash.
He added: "The proposed loss of the part-time TSB counter service at Peebles adds to those concerns and I will continue to highlight this issue on behalf of my constituents."