The closure of a high street bank has been described as a blow by the mayor of a town that will soon have just one branch. 

Angela Glynn, Fakenham's mayor, was speaking after the town's NatWest closed on August 10.

Mrs Glynn said: “It is very disappointing to see the closure of another bank in the town.

“We used to be thankful to have four of them and now we are down to two.

“It is also disappointing that the town council has no influence on the decision-making process.

"The bank simply makes an announcement, there is no debate to be had.

“Once there is only one bank in a town, Link, the company that provides cash machines, will be called in to carry out an 'access to cash' survey.

“Thankfully we in Fakenham are not yet at that point.

"Residents can be assured that the town council is keeping well-informed, working with North Norfolk District Council and others to stay abreast of any developments on this front.”

NatWest's closure follows the town's HSBC shutting in May. Fakenham's Barclays will close in October, leaving Lloyds as the town's only bank branch.  

Fakenham & Wells Times: Angela Glynn, mayor for FakenhamAngela Glynn, mayor for Fakenham (Image: Archant)

Fakenham & Wells Times: NatWest in Fakenham closed for good on August 10NatWest in Fakenham closed for good on August 10 (Image: Andrew Simnor)

NatWest has said their focus is becoming increasingly focused on other means of banking. 

A spokesman for the bank said: “As with many industries, most of our customers are shifting to mobile and online banking because it’s faster and easier for people to manage their financial lives.

“We understand and recognise that digital solutions aren’t right for everyone or every situation and that when we close branches we have to make sure that no one is left behind."

Fakenham & Wells Times: NatWest in Fakenham being boarded up after it closedNatWest in Fakenham being boarded up after it closed (Image: Andrew Simnor)

It is feared Fakenham could become like Wells-next-the-Sea, where there are no banks currently open.