Brecon and Radnorshire MP Fay Jones has said a free-to-use cashpoint will be installed in Ystradgynlais, after news broke last week that the last bank in the town would close.

Lloyds Bank announced last week that the branch would close – leaving the largest town in south Powys without a high street bank.

The Ystradgynlais branch will close on the September 19 2023.

Ms Jones said: “I know how disappointing this is for residents. Many rely on visiting a branch for their banking services and access to cash remains vitally important. I was assured last week that no jobs will be affected by this closure and I will be vigilant in making sure that’s the case.

“However, it’s important not to promise false hope. It’s now essential to work towards making sure people are able to get their money when they need it.

“That’s why I am pleased to have secured a free-to-use cash point for Ystradgynlais. Link has confirmed to me that it will install the machine in the coming months to ensure continuity for those who rely on cash.

“I’m also working with Lloyds to see where pop-up solutions can be offered. Having already delivered schemes like this in Llandrindod Wells and Hay-on-Wye, I know they are working well.

“There is no doubt that banking is changing. Young people who open accounts rarely need to use branches anymore.

“However, this is not the case for older, vulnerable residents and many who simply prefer to speak to an individual. I will make sure the community does not lose out with this latest bank closure.”