Lloyds Bank has announced that it will be closing its Bailgate branch later this year.
The bank will close in November after finding around 75% of its customers already use other branches, including the one on Lincoln High Street.
Customers will have their accounts realigned to High Street Lincoln, which is half a mile away, and there will be no other impact to the way they manage their accounts.
They can use any branch for their banking needs, as well as utilising the other banking options available to them.
A Lloyds Bank spokesperson said: “We have made the difficult decision to close the Lloyds Bank Above Hill Lincoln branch in November this year due to the changing ways customers choose to bank with us, which has resulted in the branch being used less often.
“We apologise for any inconvenience that this may cause, customers can continue to access their banking locally by visiting the nearby Post Office, which is a short distance from the branch.
“The nearest alternative branch is High Street Lincoln.”