
Santander has announced it will be closing over 20 branches this month in a huge blow to the UK high street. The first wave of Santander’s closures is under way, after the bank announced in March of this year that it would be shutting at least 95 high street branches nationwide.
A statement on its website said: “We last did a major review of our branches in 2021. Since then, many of our customers are choosing to use Mobile, Online and Telephone Banking more, and branches less.” Caroline Abrahams, charity director at Age UK, said: “Physical spaces – whether a bank or building society branch, Banking Hub, or alternative suitable provision – must continue to exist so people can still carry out face-to-face tasks.
“The disappearance of face-to-face banking risks cutting a significant minority of the older population out of an essential service, making it difficult if not impossible for them to manage their money and maintain their independence.”
Over the past few years, bank and building society branches have been disappearing from our high streets at a frightening pace.
Other major banks, including Lloyds, NatWest, and Halifax, are also closing UK branches over the coming days and weeks.
Santander itself is closing 23 branches in June alone.
Full list of Santander branches closing in June:
Aberdare – June 24
Blackwood – June 23
Brecon – June 25
Clacton – June 16
Cleveleys – June 23
Croydon 128 NE – June 16
Dungannon – June 23
Eltham – June 23
Fleet – June 30
Gateshead Metro – June 16
Glasgow LDHQ – June 24
Glasgow MX – June 23
Greenford – June 24
Kidderminster – June 18
Kilburn – June 17
Launceston – June 16
Louth – June 17
Magherafelt – June 24
Musselburgh – June 30
Peterhead – June 16
Portadown – June 30
Swandlincote – June 30
Torquay – June 17