Santander UK has revealed plans to shut 95 of its branches - with the Farnham branch among those earmarked for closure.

The Spanish banking group confirmed the closures will take place in June and July, alongside reduced operating hours at 36 branches and the transition of 18 sites to counter-free operations.

Following these changes, Santander will retain 349 branches in the UK, down from the current 444.

Along with the Farnham branch on The Borough, which is set to shut on July 29, the nearby one in Fleet is also due to close on June 30.

A Santander UK spokesman said: “As customer behaviour changes, we are ensuring that our branches remain fit for the future.

“Our new combination of full-service branches, alongside work cafes, counter-free branches and reduced hours branches, aims to provide the right balance between digital banking and face-to-face money management and guidance.

“Closing a branch is always a very difficult decision and we spend a great deal of time assessing where and when we do this and how to minimise the impact it may have on our customers.”

The Santander branch in Farnham.
The Santander branch in Farnham. (Marcus McQuilton/Tindle)

Last month, Barclays closed its branch on the corner of the Borough and South Street. After Santander’s departure, Nationwide will be the only banking branch left in Farnham town centre.

It follows a flurry other bank closures in Farnham in recent years, with Lloyds shutting its doors in 2023 after the previous closures of NatWest and HSBC.