Santander Set to Close West Goshen Branch, Along With 12 Others Throughout the State
Santander Bank has filed to close 13 branches in Pennsylvania, including two in Philadelphia’s western suburbs, writes Jeff Blumenthal for the Philadelphia Business Journal.
Slated to close locally is the branch at 1140 West Chester Pike in West Goshen, as well as a branch in Springfield.
Other branches are closing in Bethlehem, Allentown, Douglassville, Elizabethtown, Manchester, Northampton, Orwigsburg, Harrisburg, Red Lion, and Tamaqua.
It was announced in July that 15 more branches in Pennsylvania would close by the end of the year, but specific locations weren’t specified by the Boston-based subsidiary of Spain’s Santander Group.
Santander is the seventh-largest deposit taker in the region.
Those latest announced closures give Santander a total of 60 Philadelphia-area branches — 54 in southeastern Pennsylvania, five in South Jersey, and one in Delaware.
The bank had 80 locations when Santander acquired Sovereign Bank in October 2008 for $1.9 billion.
Banks are reevaluating retail service since the pandemic accelerated online and mobile banking.
Read more about Santander in the Philadelphia Business Journal.
CFO Jose Garcia Cantera discuses first-quarter results for Santander, as well as recovery from the pandemic.
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