Major US banks closed 35 branches in one week - is yours affected?

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  • READ MORE: Banks connected people to adjacent a staggering 1,000 branches this year

By Alice Wright For Dailymail.Com

Published: 09:17 EDT, 29 October 2024 | Updated: 11:45 EDT, 29 October 2024

Major American banks shuttered 35 branches nationwide successful a azygous week this October.

US Bank led nan closures, shutting down 11 locations betwixt October 15 and 22. 

Wells Fargo and Bank of America each closed six branches, while PNC trim five.

The remainder came from Beverly Bank, Citizens Bank, Fidelity Bank, First National Bank of Omaha, Flagstar, and Chase. Scroll down for nan afloat searchable database pinch addresses.

California was nan hardest hit, losing 9 branches during nan week. 

U.S. Bank closed nan astir locations, shutting eleven branches betwixt October 15 and 22

The Golden State was besides the worst affected successful nan first 9 months of nan year, seeing 86 branch closures crossed nan authorities betwixt January and nan extremity of September. 

The latest data, registered pinch nan Office of nan Comptroller of nan Currency (OCC), suggests that banks are connected people to adjacent 1,000 branches by nan extremity of nan year. 

US Bank has now closed 121 locations truthful acold this year, nan 2nd astir of immoderate different awesome provider. 

'Client's banking preferences and behaviors are changing, including a accelerated migration toward integer and mobile banking platforms, and a desire for greater simplicity,' a spokesperson for US Bank told DailyMail.com earlier this month. 

'As we germinate on pinch our clients, we are reevaluating our beingness footprint, and successful immoderate instances, consolidating branch locations successful prime markets.

'Although we are closing immoderate branches, we proceed to unfastened and heighten others, arsenic good arsenic quickly enhancing our integer capabilities.'

Despite nan mostly of Americans now opting to do nan mostly of their banking online, customers still for illustration to usage beingness branches for peculiar services.

It is besides a struggle for immoderate older clients to run services specified arsenic mobile banking.

US banks closed a full of 754 locations successful nan first 9 months of nan year 

Nearly two-thirds of Americans still usage a beingness branch to make rate deposits, while complete half usage them to speak to an in-person adviser, nan study found.

39 percent of those polled told Self Financial that they had much spot successful banks pinch beingness branches than those without.

Closures tin lead to important savings for banks, since nan mean freestanding branch costs astir $2.6 cardinal a twelvemonth to run.

Banks must study each planned closures and openings to nan Office of nan Comptroller of nan Currency (OCC), a national banking regulator.

Each week, it publishes a summary of these. DailyMail.com analyzed these to compile nan specifications of full closures truthful acold this year.

Bank Closures 15 October - 22 October Bank City State Location
Bank of America OCEANSIDE CA 702 Mission Ave
Bank of America FORT MYERS FL 8681 CYPRESS LAKE DRIVE
Bank of America ORMOND BEACH FL 902 SOUTH ATLANTIC AVENUE
Bank of America TAMPA FL 2700 WEST DR. MARTIN L. KING JR. BOULEVARD
Bank of America NASHVILLE TN 969 SOUTH GALLATIN ROAD
Bank of America HENDERSONVILLE TN 451 WEST MAIN STREET
Beverly Bank & Tr Co CHICAGO IL 1908 WEST 103RD STREET
Citizens Bank Philadelphia PA 8345 Ridge Avenue
Fidelity Bank Tulsa OK 2222 S. Utica Place
First NB of Omaha Bayard NE 302 Main Street
Flagstar Bank JERICHO NY 336 NORTH BROADWAY
JPMorgan Chase Bank LAS VEGAS NV 1340 EAST FLAMINGO RD
JPMorgan Chase Bank Houston TX 4335 Martin Luthur King Blvd., Ste B
PNC Bank Albuquerque NM 2444 Louisiana Blvd NE
PNC Bank Bakersfield CA 8500 Stockdale Hwy Ste 100
PNC Bank Albuquerque NM 3500 Candelaria Rd NE
PNC Bank Napoleon OH 701 N Perry St
PNC Bank Napoleon OH 801 N Perry St
U.S. Bank COBDEN IL 118 S FRONT ST
U.S. Bank CAMBRIDGE OH 819 WHEELING AVENUE
U.S. Bank Blair NE 1865 Washington St
U.S. Bank Hopkinsville KY 1101 S Main Street
U.S. Bank PLEASANTON CA 6774 BERNAL AVENUE, SUITE 310
U.S. Bank WAHPETON ND 502 SECOND AVENUE NORTH
U.S. Bank MAQUOKETA IA W PLATT & MCKINSEY DR
U.S. Bank SAN FRANCISCO CA 3473 CALIFORNIA STREET
U.S. Bank MILL VALLEY CA 453 MILLER AVENUE
U.S. Bank HUMBOLDT IA 701 SUMNER AVE
U.S. Bank HAYWARD CA 27000 HESPERIAN BOULEVARD
Wells Fargo Bank PASADENA CA 655 NORTH FAIR OAKS AVENUE
Wells Fargo Bank PLEASANTON CA 5798 STONERIDGE MALL ROAD
Wells Fargo Bank DALLAS TX 5809 E. LOVERS LANE
Wells Fargo Bank HICKORY NC 200 FIRST AVE. NW
Wells Fargo Bank EL PASO TX 221 N. KANSAS STREET
Wells Fargo Bank NORTH HIGHLANDS CA 7477 WATT AVENUE
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