Santander to close 111 branches by August – see the full list
SANTANDER will close 111 branches by the end of August as customers shift towards online banking.
It will keep 452 banks as part of the shake up, and customers can still bank using over 11,000 post offices nationwide.
It is understood that 840 jobs could be at risk due to the branch closures, but 200 roles in nearby branches will be made available to affected workers.
Santander said has been in talks with its trade unions on the closures and expects to "find alternative roles for a significant number of those colleagues wishing to stay with the bank".
The majority of branches closing are less than three miles from another Santander bank, with the furthest five miles away.
They are all also within half a mile of at least two free-to-use ATMs and within one mile of the nearest Post Office.
The bank said that the branch closures were the result of more customers using mobile and online banking, especially during the pandemic.
Branch transactions fell by 33% over the two years before the Covid crisis, and dropped a further 50% last year.
LIST OF BRANCHES FOR CLOSURE
- Arnold - will close August 12
- Ashby-de-la-Zouch - will close July 29
- Ashford Church Road - will close August 5
- Balham High Road - will close June 24
- Banstead High Street - will close July 1
- Barking - will close August 12
- Beckenham - will close August 12
- Bethnal Green - will close July 15
- Bingley Main Street - will close July 1
- Birmingham Erdington - will close July 29
- Bishopsgate - will close June 24
- Blaby - will close July 1
- Bletchley - will close July 8
- Bramhall - will close August 5
- Brighouse Commercial Street - will close July 15
- Brighton London Road - will close July 1
- Bristol Bedminster - will close July 29
- Camberwell - will close July 29
- Castleford Charlton St - will close July 29
- Catford - will close July 8
- Cheadle - will close July 8
- Chelsea Kings Road - will close July 8
- Chester-Le-Street - will close July 8
- Chingford Old Church St - will close July 1
- Chiswick - will close July 15
- Chorlton-cum-Hardy - will close July 8
- Clifton Whiteladies Road - will close July 15
- Cobham - will close August 12
- Cosham - will close August 12
- Coulsdon - will close July 29
- Dagenham - will close July 15
- Dalkeith - will close will close July 22
- Dalston - will close August 12
- Darwen - will close August 12
- Dewsbury - will close August 12
- Dudley Merryhill - will close June 24
- Edingburgh Morningside Road - will close July 29
- Enfield Hertford Road - will close August 5
- Finchley High Road - will close June 24
- Fulham - will close August 5
- Glasgow Kilmarnock Road - will close July 8
- Glasgow Sauchiehall St - will close June 24
- Gosforth - will close July 29
- Grays - will close July 29
- Halesowen - will close July 22
- Hanover Square - will close July 1
- Harborne High St - will close August 5
- Harold Hill - will close July 22
- Harpenden - will close July 22
- Hatfield - will close July 1
- Hayes Station Rd - will close July 8
- Haywards Heath - will close July 1
- Hempstead Valley - will close June 24
- High Holborn - will close July 8
- Hinckley - will close July 29
- Horsforth - will close August 5
- Hounslow Bath Road - will close July 15
- Huyton - will close July 8
- Hyde Market Place - will close July 15
- Leatherhead - will close August 12
- Leeds Crossgates - will close July 15
- Leicester Horsefair Street - will close July 15
- Leicester Narborough Road - will close July 8
- Leigh-on-Sea -will close August 5
- Letchworth - will close August 5
- Leytonstone - will close August 12
- London Bridge - will close July 15
- Long Eaton - will close August 5
- Lytham Clifton St - will close July 22
- Margate - will close July 22
- Marlow - will close July 1
- Mill Hill - will close July 15
- Moorgate - will close July 1
- Morecambe - will close August 5
- Nelson - will close July 29
- New Malden - will close July 22
- Newcastle-under-Lyme - will close July 15
- Norbury - will close July 1
- Oadby - will close July 22
- Oxford Headington - will close August 12
- Petts Wood - will close August 5
- Pinner - will close July 8
- Plymstock - will close August 5
- Poulton-le-Fylde - will close August 12
- Putney - will close July 29
- Ricksmansworth - will close July 1
- Runcorn - will close July 1
- Sale - will close July 22
- Shepherd Bush - will close July 22
- South Harrow - will close July 22
- Southampton Bitterne Road
- Southhampton Shirley - will close July 8
- Southgate - will close July 22
- Strand - will close June 24
- Surbiton - will close July 29
- Syston - will close June 24
- Twickenham - will close July 1
- Upper Edmonton - will close July 29
- Walkden - will close June 24
- Wallasey - will close July 22
- Welling - will close July 22
- Wembley Preson Road - will close July 29
- West Wickham - will close July 15
- West Worthing - will close July 15
- Weybridge - will close July 15
- Wibsey - will close June 24
- Wickford - will close July 8
- Windsor - will close August 5
- Winton - will close July 22
- Wokingham - will close July 8
Now, almost two thirds of all bank transactions are digital, the bank said.
Santander said it would help customers find other ways of banking following the closures, and will phone vulnerable customers to help them with the changes.
The bank has set up a helpline customers can use to get more information about how to bank following the closures which is: 0800 085 0879.
Online events will be held for customers too to keep updated about the changes.
Santander also announced it would be merging its offices into six locations in a move that will affect around 5,000 of its workers.
It will close its offices in Bootle, Newcastle, London Portman House and Manchester Deansgate by the end of 2021.
Santander said that its office shake-up would have no impact on customers.
Adam Bishop, head of branches, said: “Branch usage by customers has fallen considerably over recent years so we have made the difficult decision to consolidate our presence in areas where we have multiple branches relatively close together.
"The majority of the closing branches are within three miles of another branch and the furthest is five miles away."
Santander is not the only bank to have announced branch closures recently.
Earlier this month, Marks & Spencer announced it has plans to close ALL current accounts and its 29 bank branches this year.
Like Santander, Marks & Spencer said the planned closures, which will take effect this summer, were the result of a surge in online banking.
In January, HSBC said it would be shutting 82 branches this year as more and more customers do their banking online.
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Halifax and Bank of Scotland closed 56 branches last year too.
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As of March 2020, more than 8,700 free ATMs had been axed since January 2018, while more machines than ever were charging for withdrawals.
In September last year, TSB announced plans to close 164 branches, with the loss of more than 900 jobs.