London Daily

Focus on the big picture.
Friday, Dec 12, 2025

Bank closures: Bringing high street bank buildings back to life

Bank closures: Bringing high street bank buildings back to life

When was the last time you stepped through the door of a local bank branch?

Perhaps you prefer to manage your finances face-to-face and visit high street banks regularly, or maybe you only bank online.

Either way, it is difficult to ignore the regular announcements of branch closures and subsequent job losses.

In early March, Bank of Ireland announced it will close 15 branches in Northern Ireland, which is more than half of its 28 branches currently operating in NI.

In February, Ulster Bank confirmed it will close down its Republic of Ireland business over the next few years.

Following bank closures, what becomes of the buildings, often grandiose facades in prominent positions?

While disused banks in some towns across Northern Ireland have remained vacant for years, residents of Rathfriland, County Down, have been particularly industrious in repurposing the buildings.

A decade ago there were four banks in the town, the last of which closed three years ago.

Rathfriland's former Bank of Ireland is set to house a cinema, the first in the town for 60 years

The former Danske Bank building now hosts charity events run by the Royal British Legion, the First Trust is used by a local solicitor's firm and the Ulster Bank is now a credit union.

Andy Peters runs the Rathfriland Regeneration Project and has salvaged the town's Bank of Ireland branch.

Although temporarily halted by the coronavirus pandemic, the premises on Church Square usually hosts a variety of community workshops, classes and performances.

Plans are in place to transform part of the building into a cinema, the first in Rathfriland for 60 years.

This former bank counter now houses a mixing desk for live music
Mr Peters feels it is important the building remains a community hub.

"The local community is working together to create a cultural centre here," he said.

"The focus at the moment is refurbishing the building and the garden will follow on after that - if it wasn't for the pandemic the whole thing would be up and running already."

Remnants of the building's banking past can still be found inside the premises and Mr Peters said some items have been useful in its renovation.

"The bank counter is still in place and we've recycled other discarded materials to turn it into the sound desk, controlling the PA system in the building."

Excellent soundproofing


Banking has always played a large role in Belfast's architectural identity and the city has several landmark buildings once occupied by banks.

The Merchant Hotel was built as an ornate headquarters for the Ulster Bank; the Bank Buildings on Royal Avenue, under restoration after a devastating fire in 2018, first opened as a bank in 1787 and is now occupied by a Primark store; the old Northern Bank building on Waring Street is now used for occasional art exhibitions and theatre performances.

Richard Lavery is artistic director at Accidental Theatre, a performing arts company now occupying the former Northern Bank building at Shaftsbury Square.

"There are two old bank vaults still intact in the basement, which we have converted into a recording and streaming studio," he said, adding the thick walls made for excellent soundproofing.

The building's city centre location was a large draw for the company, but Mr Lavery said it means scheduling performances can be challenging.

"Our very first show coincided with the Tour of the North and the first two hours were drowned out by passing marching bands," he said.

"We managed to work it into the performance - it was fine, but we've been more careful with our calendar since."

The 'deceptively large' Old Bank hotel on Belfast's Crumlin Road

Alan Flynn runs The Old Bank hotel on the Crumlin Road in Belfast and said the former Ulster Bank's deceptively large size made it an obvious choice for conversion.

"The original bank was on the ground floor and the manager lived in luxury upstairs with their family," he said.

"It's on four levels, including the underground vault, which gave us tremendous scope for return as a hotel."

Visitors to the building, which is currently being used as emergency accommodation by the NI Housing Executive, can still see the various vaults and large Chubb safe left behind when the bank vacated.

The Ulster Bank in Gortin was 'blown up, shot at and robbed on many occasions'


The former Ulster Bank in Gortin, County Tyrone, is now a bustling coffee shop, but the building has a tumultuous history.

Owner Graham Cooke said the Grade 2 listed premises was "blown up, shot at and robbed on many occasions" during its time as a bank.

The Northern Bank was the last tenant of the Assembly Rooms in Belfast which is now used for occasional exhibitions and theatre performances

Despite this, Mr Cooke said the building, built in 1845, has retained its character and renovations have been sympathetic.

The original night safe and bank manager's private office have been retained and Mr Cooke is currently making plans to transform the underground vault into a farm shop.

"It's perfect for our job," he said, adding the building has been "restored to its place at the heart of the community".

Newsletter

Related Articles

0:00
0:00
Close
Former UK Prime Minister Boris Johnson proclaims, “For Ukraine, surrendering their land would be a nightmare.”
Microsoft Challenges £2.1 Billion UK Cloud Licensing Lawsuit at Competition Tribunal
Fake Doctor in Uttar Pradesh Accused of Killing Woman After Performing YouTube-Based Surgery
Hackers Are Hiding Malware in Open-Source Tools and IDE Extensions
Traveling to USA? Homeland Security moving toward requiring foreign travelers to share social media history
UK Officials Push Back at Trump Saying European Leaders ‘Talk Too Much’ About Ukraine
UK Warns of Escalating Cyber Assault Linked to Putin’s State-Backed Operations
UK Consumer Spending Falters in November as Households Hold Back Ahead of Budget
UK Orders Fresh Review of Prince Harry’s Security Status After Formal Request
U.S. Authorises Nvidia to Sell H200 AI Chips to China Under Security Controls
Trump in Direct Assault: European Leaders Are Weak, Immigration a Disaster. Russia Is Strong and Big — and Will Win
"App recommendation" or disguised advertisement? ChatGPT Premium users are furious
"The Great Filtering": Australia Blocks Hundreds of Thousands of Minors From Social Networks
Mark Zuckerberg Pulls Back From Metaverse After $70 Billion Loss as Meta Shifts Priorities to AI
Nvidia CEO Says U.S. Data-Center Builds Take Years while China ‘Builds a Hospital in a Weekend’
Indian Airports in Turmoil as IndiGo Cancels Over a Thousand Flights, Stranding Thousands
Hollywood Industry on Edge as Netflix Secures Near-$60 Bln Loan for Warner Bros Takeover
Drugs and Assassinations: The Connection Between the Italian Mafia and Football Ultras
Hollywood megadeal: Netflix acquires Warner Bros. Discovery for 83 billion dollars
The Disregard for a Europe ‘in Danger of Erasure,’ the Shift Toward Russia: Trump’s Strategic Policy Document
Two and a Half Weeks After the Major Outage: A Cloudflare Malfunction Brings Down Multiple Sites
UK data-regulator demands urgent clarity on racial bias in police facial-recognition systems
Labour Uses Biscuits to Explain UK Debt — MPs Lean Into Social Media to Reach New Audiences
German President Lays Wreath at Coventry as UK-Germany Reaffirm Unity Against Russia’s Threat
UK Inquiry Finds Putin ‘Morally Responsible’ for 2018 Novichok Death — London Imposes Broad Sanctions on GRU
India backs down on plan to mandate government “Sanchar Saathi” app on all smartphones
King Charles Welcomes German President Steinmeier to UK in First State Visit by Berlin in 27 Years
UK Plans Major Cutback to Jury Trials as Crown Court Backlog Nears 80,000
UK Government to Significantly Limit Jury Trials in England and Wales
U.S. and U.K. Seal Drug-Pricing Deal: Britain Agrees to Pay More, U.S. Lifts Tariffs
UK Postpones Decision Yet Again on China’s Proposed Mega-Embassy in London
Head of UK Budget Watchdog Resigns After Premature Leak of Reeves’ Budget Report
Car-sharing giant Zipcar to exit UK market by end of 2025
Reports of Widespread Drone Deployment Raise Privacy and Security Questions in the UK
UK Signals Security Concerns Over China While Pursuing Stronger Trade Links
Google warns of AI “irrationality” just as Gemini 3 launch rattles markets
Top Consultancies Freeze Starting Salaries as AI Threatens ‘Pyramid’ Model
Macron Says Washington Pressuring EU to Delay Enforcement of Digital-Regulation Probes Against Meta, TikTok and X
UK’s DragonFire Laser Downs High-Speed Drones as £316m Deal Speeds Naval Deployment
UK Chancellor Rejects Claims She Misled Public on Fiscal Outlook Ahead of Budget
Starmer Defends Autumn Budget as Finance Chief Faces Accusations of Misleading Public Finances
EU Firms Struggle with 3,000-Hour Paperwork Load — While Automakers Fear De Facto 2030 Petrol Car Ban
White House launches ‘Hall of Shame’ site to publicly condemn media outlets for alleged bias
UK Budget’s New EV Mileage Tax Undercuts Case for Plug-In Hybrids
UK Government Launches National Inquiry into ‘Grooming Gangs’ After US Warning and Rising Public Outcry
Taylor Swift Extends U.K. Chart Reign as ‘The Fate of Ophelia’ Hits Six Weeks at No. 1
250 Still Missing in the Massive Fire, 94 Killed. One Day After the Disaster: Survivor Rescued on the 16th Floor
Trump: National Guard Soldier Who Was Shot in Washington Has Died; Second Soldier Fighting for His Life
UK Chancellor Reeves Defends Tax Rises as Essential to Reduce Child Poverty and Stabilise Public Finances
No Evidence Found for Claim That UK Schools Are Shifting to Teaching American English
×