Banker & Tradesman file photo
Santander Bank has closed seven Massachusetts branches this year and plans to shutter at least 11 more, according to regulatory filings with the Office of the Comptroller of the Currency.
The closings represent roughly 9 percent of Santander Bank’s branches in the state. The $89.5 billion Santander has branches in nine eastern U.S. states from New Hampshire to Florida. After these branch closings, Santander will still have around 180 branches in Massachusetts, more than in any of the other states. New Jersey has the second most Santander branches with about 120, according to FDIC data.
Santander also recently opened a new branch in Roxbury’s Nubian Square in February.
Branches that closed in January and February were on Providence Highway in Dedham, Birmingham Parkway in Brighton, at Boston Medical Center’s Yawkey Building, and in Wayland, Gardner and Tewksbury.
Topsfield’s location closed in March, and Santander has notified the OCC of 11 more branch closings:
- 100 Oliver St., Boston
- 2 Morrissey Blvd, Dorchester
- 414 Broadway, Lynn
- 116 Central St., Ipswich
- 149 Main St., North Andover
- 79 High St., Clinton
- 66 Main St., Hopkinton
- 300 West Main St., Northborough
- 379 Main St., Route 20, Sturbridge
- 13 North Main St., Bellingham
- 1314 Washington St., West Newton
Berkshire Bank, Citizens Bank, TD Bank and Webster Bank are among other institutions closing multiple locations in Massachusetts this year, driven in part by changing consumer habits and the acceleration of digital banking.
