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POLL: Are YOU concerned about bank closures and the move online? | Personal Finance | Finance [Video]

Banks across the UK are continuing to close with Halifax, NatWest and Barclays shutting down a further 76 branches this month as demand falls and more customers adopt online banking.

A total of 5,605 bank and building society branches have closed since 2015, according to research by Which?.

Charity Age UK has warned that older or vulnerable Britons could struggle without the ability to access face-to-face banking services. 

The charity’s research has found 27 percent of over-65s and 58 percent of over-85s rely on visiting their bank in person.

Caroline Abrahams, charity director at Age UK, said: “We need to face up to the fact that huge numbers of older people, the oldest old, especially, are not banking online.”

READ MORE: 76 more bank branches are to close this month

IF YOU CAN’T SEE THE POLL ABOVE, CLICK HERE

She continued: “Even older people who do bank online often want the ability to talk to a bank …

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Nonprofit’s Questions of the Week [Video]
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Resources for Nonprofit Directors

Nonprofit's Questions of the Week [Video]

A lively talk about maintaining a culture of philanthropy within nonprofits, covering the importance of communication, transparency, and ethical practice in all fundraising efforts. This engaging Ask & Answer episode highlights the evolving nature of nonprofit fundraising and the ongoing commitment to ethical practices within the sector. Jack Alotto, a seasoned expert in nonprofit fundraising, shares his enthusiasm about the increasing participation in his CFRE (Certified Fundraising Executive) training programs, noting that the numbers remain high with classes reaching around 170 participants. He describes a new initiative tailored for Muslim-affiliated nonprofits, reflecting the inclusive approach of the training sessions. This enjoyable learning episode focuses mainly on the ethical dilemmas fundraisers often face. Jack emphasizes the importance of adhering to ethical standards, especially when dealing with competitive situations between nonprofits, advising against disparaging other organizations, stressing that the goal should be to enhance the entire community's well-being rather than focusing solely on individual success. This approach aligns with the AFP (Association of Fundraising Professionals) code of ethics, which promotes integrity and respect among fundraising professionals. One of Jack's statements from the episode encapsulates his philosophy on this issue: "I am reluctant to engage in a conversation which would disparage another nonprofit... we should continue to talk about the benefits of giving to our organization and the importance of making a gift to advance our mission. It's OK if they also want to give to another organization doing similar work. It just makes the whole community much better." With input from host Julia Patrick, the episode explores the role of ethics in donor relations, with Jack advocating for the inclusion of the AFP code of ethics in donor packets to educate and align expectations with donors.#fundraisingethics #nonprofitfundraising #nonprofitmanagement