Communities across York and North Yorkshire can apply for funding to improve access to banking services as part of a new programme launched by York and North Yorkshire Combined Authority (YNYCY).

The new fund aims to tackle the impact of bank branch closures on residents, businesses, and local high streets.

It will support projects that restore or expand access to cash, business banking, and everyday banking services in towns where traditional branches have closed or become harder to reach.

The initiative comes as more banking services move online, leaving many communities, particularly rural areas and market towns, with limited access to face-to-face banking. The programme aims to support both financial inclusion and the long-term vitality of local high streets.

David Skaith, Mayor of York and North Yorkshire, said access to banking services remains essential for many people and businesses.

"The continued closure of bank branches has left many residents with fewer options for managing their finances, while local businesses still need access to face-to-face banking services to operate effectively," he said. "Keeping these services available isn't just about banking – it's about supporting local businesses, helping our high streets succeed, and making sure our communities can continue to thrive."

The fund will back projects that improve access to cash withdrawals and deposits, business banking services and day-to-day account management. Proposals that also deliver wider community benefits, such as financial wellbeing support, business engagement, and partnerships with local organisations, are encouraged.

The programme will focus on areas where access to banking has been most affected, including Bentham, Catterick Garrison and Colburn, Filey, Haxby, Leyburn, Settle, Tadcaster, and Whitby.

Fiona Whittet, a councillor and financial adviser in Bentham, said the loss of the town's bank branch had left many residents without easy access to financial advice and services.

"While our Post Office does a brilliant job supporting the community with services like cash withdrawals, deposits and bill payments, there's so much more that's needed," she added.
"We have quite an ageing demographic in Bentham, and for many people it's difficult to access branches in places like Skipton or Lancaster due to limited public transport. People are also looking for guidance and advice on their accounts, savings and mortgages, and that's been a real struggle."

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