Lloyds hits UK high street as stand alone bank

Lloyds Bank can be seen again on the UK high street from 24 September for the first time in 18 years after the Lloyds TSB brand was broken up.

Lloyds Bank can be seen again on the UK high street from 24 September for the first time in 18 years after the Lloyds TSB brand was broken up.

The EU imposed change to the bank means that it’s branch network of 1,300 has been but by 631 which have been offloaded on to the reformed TSB brand.

The bank has also seen a change to it’s website from lloydstsb.com to lloydsbank.com but has so far managed to avoid the IT issues that plagued TSB when it was re-launched.

Lloyds customers using internet banking will be able to continue to use the same passwords and their existing banking terms and conditions will also remain the same.

Lloyds TSB was originally going to have to sell the 631 branches to the Co-op Bank in a deal known as Project Verde but it fell through on the news that the Co-op Bank is sporting £1.5bn black hole.

Around 4,000 customers who who opted to remain at Lloyds had their request granted, while around 600 Lloyds customers made the unprompted decision to move to TSB.

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