Some 73% of 18-24 year olds would miss their high street bank branch if it closed, the highest proportion of any age group, according to new research from KPMG UK. Overall, more than two thirds of UK adults said they would miss having a local bank branch.
Depositing cash (40%) was the top reason why 18-24 year olds last visited a bank branch. This was followed by 24% using the branch to discuss personal finances with a bank manager – the highest of all age groups. Almost a quarter (23%) last visited the branch to withdraw cash.
