Santander Closing 1 South Jersey Bank, 3 Others In NJ

CLEMENTON, NJ — Santander Bank is closing four New Jersey locations in March, including one in Camden County.

The branch at 100 Berlin Road in Clementon will close on March 30, 2023, said a company representative. Customers will be able to bank at the Cherry Hill location (1970 Route 70 East).

“Like many industries, our customers’ preferences have changed, with more customers choosing to bank with us online," the bank said in a statement. "Therefore, we are reimagining the customer and employee experience by simplifying our processes, refining our branch footprint, and increasing our investment in digital capabilities to align with the evolving needs of our customers.”

Santander, formerly known as Sovereign Bank, is also closing banks in Princeton, Hamilton, and Robbinsville this March; the bank has closed 18 percent (more than 100) of its branches since June of 2020 and plans to close more, according to Philadelphia Business Journal. There are still more than 150 Santander locations in the Garden State, the company website shows.

The bank's U.S. headquarters are in Boston, with locations in nine states. Santander Group is based in Spain.