A banking hub is set to open its fifth site in Suffolk following a "significant loss" of access to services.
LINK has confirmed that Hadleigh has been recommended a hub, after previous recommendations in Haverhill, Leiston, Woodbridge and Mildenhall.
It follows a request from community leaders in the area.
James Cartlidge, MP for South Suffolk, said: “I’m absolutely delighted by the news that Hadleigh will now be served by a banking hub.
"Access to cash and local banking services are still vital for many people in South Suffolk.
"Many now choose to bank online, but cash and in-person services are still vital for my constituents, particularly small businesses, and more vulnerable citizens.
"In particular, I know that this will mean a lot to my constituents in Hadleigh given how we’ve lost significant banking access in the town over the last few years."
The hub is likely to open in 12 months, with the search for sites to begin shortly.
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When opened, the shared banking space will be run as a counter service operated by Post Office employees.
LINK has recommended 147 banking hubs, with 64 currently in operation.
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Councillor Jane Carruthers, who represents Hadleigh South at Babergh District Council, added: "I am very pleased to hear that Hadleigh will be getting a banking hub. This is fantastic news for our town.
"Although we have access to cash machines and some banking services in the Post Office it will be helpful for residents to be able to speak to community bankers from their own banks.
"Many older residents don’t use online banking and can’t reach remaining branches in neighbouring towns because public transport is so poor.”
Chris Ashton, chief commercial officer at LINK, said: “We’re always pleased to hear from the community, who know their town and high streets better than we do."
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