These discussions form part of Mr Lake’s efforts to introduce a Bill in Parliament that will ensure that customers aren’t left without basic financial services when faced with local bank closures.
Speaking after the meeting, Mr Lake said: “More than 2,800 community bank branches across the UK have closed in the last four years alone. This is a hugely pressing issue, and with countless towns and villages now without a single branch, it is our rural communities that have been hit the hardest.
“Unfortunately, many of the measures intended to offset the effects of bank branches closing – such as transferring responsibility for banking services to the Post Office, online banking, and mobile branches – have their own challenges, and are not always appropriate solutions. Customers and communities are losing out as a result.
“The concept of hubs, whereby different banks agree to co-locate services in rural areas, is one that commands widespread support, and the announcement of a six-month pilot of six business banking hubs in England is promising.
"What now needs to happen is a trial in rural areas of sub hubs for both personal and business banking services, and I shall be pressing for this to happen."