Santander Bank, N.A. (SAN) has reached an agreement to sell seven branches in the Allentown, Pennsylvania, area to Community Bank, N.A., a subsidiary of Community Financial System, Inc.
The branches involved are located in Allentown, Bethlehem, Coopersburg, Easton, Emmaus, and Whitehall.
This move aligns with Santander Bank’s transformation into a national, digital-first bank with branches.
The transaction is expected to close in the fourth quarter of 2025, according to Santander Bank, N.A. (SAN).