The media are reporting that the NatWest bank in Front Street Acomb is to close.
The report comes only 24 hours after York Council leaders pledged to close down licensed betting offices and quick loan shops on Front Street.
The Council have failed to say how they will address the problem of empty property in the area.
The decline in Front Street was prompted in 2012 when the Council closed its local Acomb office.
Despite a strong campaign by local Liberal Democrats, who feel that a regeneration project should be started by the Council to help sub-urban shopping areas, neighbourhood improvement funding has been slashed during the last 3 years.