Principality and OneBanx Launch Fourth Welsh Shared Banking Kiosk, with New Site in Maesteg
On Friday, Principality Building Society and fintech partner OneBanx officially opened their fourth shared banking kiosk in Wales, with the latest installation now live in Maesteg. The launch was marked by a community event attended by local residents, Principality Members, and guests including Kelly Young, Huw Irranca‑Davies, and Stephen Kinnock.
Designed to help address the growing challenge of bank closures, the kiosk provides vital cash services — including card-free withdrawals and deposits — to customers of most major UK banks and building societies. It operates six days a week and is supported by in-branch Principality staff, offering a tech-enabled yet personal experience for local residents.
This latest deployment builds on previous OneBanx kiosk rollouts in Cowbridge, Caerphilly, and Buckley, and demonstrates Principality’s commitment to supporting financial access and inclusion on high streets across Wales. Read more on our previous coverage.
A Strategic Response to Bank Closures
As traditional bank branches continue to close, collaborative solutions like these shared banking kiosks offer communities a practical and secure alternative. Maesteg’s new kiosk is the latest example of how Welsh fintech partnerships can protect essential services in local towns.
Kelly Young, Head of Savings Customer Services at Principality:
“Our members tell us that access to cash and essential services makes a real difference — it keeps the high street vibrant and gives our Members, colleagues, and communities confidence.”
Javed Anjum, CEO of OneBanx:
“We are delighted to continue expanding our strategic partnership with Principality Building Society … our platform not only ensures continued access to cash, but also helps customers and businesses become more confident in managing their money in a digital age.”
Background: Wales-Wide Rollout
- Wales’ first OneBanx kiosk launched in Cowbridge, offering cash access without the need for a bank card. See coverage.
- Further installations followed in Caerphilly and then Buckley Library — the first such kiosk in North Wales. Read our Buckley article.
- These efforts continue to support communities where traditional banking infrastructure has been reduced, with kiosks restoring vital services to towns across Wales. More via Deeside.com.
As a member of Fintech Wales, Principality’s ongoing work with OneBanx reflects the potential of fintech partnerships to deliver meaningful, on-the-ground solutions that serve the needs of real communities.