Current accounts with the Norwich and Peterborough building society will be closed, the brand abolished, and some branches closed, it has been announced.
Owners Yorkshire Building Society (YBS) - the UK's second largest mutual - said it would close 28 N&P branches and 20 YBS branches this year. Customers of the N&P will be contacted to be told their options when accounts close over the course of the year. A total of 440 jobs are at risk as a result of the overhaul. The announcement comes a year after YBS embarked on a separate rebranding and branch closure programme, in which N&P was unaffected....Read more here