Introduction
Principality Building Society, in partnership with OneBanx, is set to improve access to cash in Buckley, Flintshire by installing a cash kiosk in Buckley Library. This initiative follows the success of similar installations in Cowbridge and Caerphilly, reaffirming the Society’s commitment to supporting local communities affected by recent bank closures.
As the first kiosk of its kind in North Wales, the service will offer residents and small businesses a much-needed in-person banking presence. This milestone results from collaborative efforts between the Principality Building Society, OneBanx, local politicians, and Flintshire County Council, ensuring that the Buckley community regains essential financial services.
The kiosk launch in early spring 2025 will enable individuals and businesses to withdraw and deposit cash easily, strengthening financial inclusion and fostering regional economic growth.
Why Is This News Important?
With banks closing branches nationwide, access to cash remains a significant concern for communities relying on in-person services. The Principality-OneBanx partnership brings an innovative solution, ensuring that residents and businesses in Buckley can continue to manage their finances conveniently and securely.
The Buckley kiosk marks an essential step toward financial inclusion, ensuring that those who prefer or rely on cash transactions are not left behind. This initiative, supported by local leaders and the Flintshire County Council, highlights the importance of banking infrastructure in sustaining high street vitality and regional economies.
By expanding its cash access services, the Principality Building Society demonstrates its long-term commitment to supporting community banking solutions in areas impacted by bank closures.
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FAQs
What is the OneBanx cash kiosk, and how does it work?
The OneBanx cash kiosk is a self-service banking terminal that enables cash withdrawals and deposits. Designed for areas with limited banking services, the kiosk allows customers of multiple banks to access cash through a single platform.
Principality colleagues will be available to assist users with transactions, ensuring a seamless banking experience. The kiosk will be installed in Buckley Library, making it easily accessible for residents and businesses. This solution is part of Principality’s ongoing initiative to maintain essential financial services on the high street, particularly in communities affected by branch closures.
Why is this cash kiosk important for Buckley?
Buckley lost its last bank branch in 2019, leaving many without convenient access to cash services. With the rise of bank closures nationwide, small businesses and cash-dependent residents have struggled to manage their finances.
This first-of-its-kind initiative in North Wales ensures that cash remains accessible in Buckley, supporting local businesses and preserving high street activity. By providing a secure and convenient banking alternative, the Principality-OneBanx kiosk helps restore financial confidence in the community while supporting regional economic growth.
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Industry Quotes
Jack Sargeant, Member of the Senedd for Alyn and Deeside:
“This is a major win for Buckley. From the moment I approached Principality, I knew they shared my passion for bringing banking back to the community. Thanks to this collaboration, businesses and residents can access essential cash services once again.”
Vicky Wales, Chief Customer Officer, Principality Building Society:
“Our Members have emphasized the importance of access to cash. The OneBanx kiosk, along with our branch presence, ensures that local residents and businesses can manage their finances efficiently, strengthening confidence in local economic stability.”
Javed Anjum, CEO, OneBanx:
“We are proud to expand our partnership with Principality, helping bridge the gap between traditional banking and digital convenience. Our goal is to ensure that every customer can access their finances securely and efficiently.”
Conclusion
Principality Building Society’s partnership with OneBanx marks a crucial step toward restoring cash access in Buckley, Flintshire. By installing a cash kiosk in Buckley Library, the initiative supports financial inclusion, ensuring small businesses and residents can manage their finances effectively.
As bank closures increase, the need for accessible financial services grows. This project not only strengthens high street banking but also demonstrates the power of local partnerships in addressing community needs.
With its launch in early spring 2025, the Buckley cash kiosk sets a new standard for innovative, community-focused banking, reinforcing Principality’s commitment to financial accessibility and local economic resilience.
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