TSB and Santander confirm no branch closures before 2028
Summarised from 2 outlets · Updated 14 Oct, 12:33 · Archive
TSB and Santander have pledged not to close any further branches before 2028 at the earliest.
TSB and Santander have confirmed they will not close any further branches before 2028 at the earliest, following Santander's takeover of TSB. TSB chief executive Nicola Bannister said she was pleased to confirm the commitment, stating that branches continue to play an important role in local communities by providing face-to-face support and advice.
The pledge offers certainty to Somerset communities and others that have seen banking services reduce in recent years as customers increasingly switch to online and mobile banking. TSB currently operates 175 branches across the UK, while Santander has 305 branches.
The commitment from TSB and Santander contrasts with closures announced by other banks. According to The Mirror, Lloyds, Halifax and Bank of Scotland are shutting at least 247 branches in 2026 and 2027. NatWest and the Royal Bank of Scotland will also close at least 49 branches during that same period.
How it is being reported
- Future of Somerset bank branches clarified by TSB and SantanderCustomers who bank with TSB and Santander in Somerset have been given an update amid planned closures.Somerset County Gazette · 14 Oct, 12:00
- Future of Somerset bank branches clarified by TSB and SantanderCustomers who bank with TSB and Santander in Somerset have been given an update amid planned closures.Bridgwater Mercury · 14 Oct, 12:00
In this story: TSB · Santander · Somerset · Nicola Bannister · Lloyds · Halifax · NatWest · Royal Bank of Scotland
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