A total of 81% of customers had used other branches and internet banking in a six-month spell, with 38% using the branch and the Post Office in a 12-month period.
Lloyds has said: “Before we close any branch, we look at how our customers are managing their money and using the branch.”
At Tower Square, trader William Lewis at Doggy Dolittles commented: “I think the effect on the High Street will be a significant reduction in footfall.
“The banking hub has started up in the Post Office, but it is smaller. If the cash point goes, people will have to go to the one at Asda and then nobody comes back – it will be a significant impact.”
Pat Wainwright, who runs the Polly Buttons stall at the indoor market, said: “If they’re coming in for that particular reason, at least they are using the town and the market.
“If not, they haven’t got to bother.”