A Wiltshire town has been announced as the site of a new banking hub after widespread branch closures in the county.

LINK, the UK’s cash access and ATM network, revealed Calne will be the latest town to be allocated a new banking hub.

While a site for the new facility has not yet been identified, this search will begin in the coming weeks ahead of an expected opening in 2024.

The hub, which was requested by town councillor Michael Hudston, will be a shared banking space providing similar services to a traditional branch and will be open to everyone.

This comes after the loss of a “significant” number of cash machines in the town and the closure of Calne’s last bank during the pandemic, says Cllr Hudston.

He added: “Calne is now the fourth largest town in Wiltshire by population and being recommended for a banking hub is a great step forward.

“This will be particularly helpful to the growing number of vulnerable residents, who struggle to engage with the online-only methods that many banks are now insisting on.”

The site will host a counter service, operated by Post Office employees, and will allow customers to withdraw and deposit cash, make payments, and carry out transactions.

Banks will also provide staff to advise customers on a rotational basis.

LINK's latest announcement is part of a wider commitment to protecting access to cash, and comes after it was confirmed Royal Wootton Bassett’s banking hub will open next year.

Chris Ashton, the head of banking services at LINK, believes the facility will provide a vital service for residents.

He said“Access to cash and face-to-face banking services continues to be important for millions of people across the UK.

“Not everyone is able to go digital yet, so we’re pleased to announce new cash services to support Calne.

“If any community believes it needs additional services such as a cash machine or banking hub, they can contact LINK directly and we can see if we can help.”

The scheme has also received back from James Gray, the MP for North Wiltshire.

He added: "I am delighted that Calne has secured a banking hub, this follows the news that Royal Wotton Bassett has also secured such a facility.

“Banking hubs and banks provide important access to cash for the communities that they serve especially in rural areas.

“I know that this news will be welcomed by Calne residents, and I look forward to working with LINK to see the hub open soon.”