Access to banking services and cash has been undergoing rapid change. Bank branch closures in recent years have been widespread as digital banking has become the default for many consumers. While this shift brings convenience for some, it presents significant challenges for places and people who continue to rely on physical access to banking and cash. 

Across York and North Yorkshire, these changes are having a tangible impact on communities, particularly in our rural areas and small market towns, and on those people who are more reliant on cash and face-to-face banking support. Many are now required to travel further to carry out basic banking activities. Reduced access to cash and in‑person services risks increasing financial exclusion and undermining community resilience. 

In addition, the withdrawal of banks from the high street is having a major impact on small independent businesses. Many small businesses continue to rely on cash transactions, regular deposits, and accessible banking services to operate efficiently. 

As branches close, this can have knock on impacts such as reduced high street footfall, posing significant challenges for the sustainability of businesses on our high streets. 

This fund seeks to respond to these challenges by using access to banking and cash services as a catalyst for high street regeneration. We are seeking long term proposals which reintroduce or enhance physical banking provision in ways that actively contribute to vibrant, inclusive and sustainable high streets.

Fund Objectives 

By supporting improved access to locally based banking services, the programme aims to attract regular, repeat visits to high street locations as individuals and businesses carry out routine banking transactions. These visits would increase footfall and encourage people to spend longer in town centres and engage with local businesses. As a result, we aim to encourage increased spending within the local economy, supporting the sustainability and growth of high street businesses.  

Over time, this will contribute to improved high street vitality and viability, helping to reduce vacancy rates, strengthen business confidence, and support a more resilient and thriving local economy. 

The Access to Banking programme is now closed for applications.