The regional banking chain appears to be well into its plan to reduce its physical footprint this year, with at least 24 ...

A study conducted by Self Financial in 2024 reveals that since 2018, around 1,650 bank branches have been closed annually in the U.S. If this pace continues, physical banking could completely ...

Customers may or may not visit a branch, but the bank’s presence affirms its commitment to a community, and “there’s a brand ...

Indeed, a 2024 study by the credit-building platform Self Financial found that physical bank branches in America have been closing at an average rate of around 1,650 a year since 2018. If the ...

As digital transformation continues to accelerate in the banking industry, Bank of America has taken a new step into that future, closing several branches during the first week of March 2025.

The nation’s largest banks are closing more brick-and-mortar branches, signaling a significant shift in how Americans access financial services. Institutions like Wells Fargo, Bank of America ...

You can get in touch with Joe by emailing [email protected] The rise in closures ... in branches, but the use of mobile apps and online banking is rapidly expanding. U.S. Bank was among ...

The financial sector is no exception, and Bank of America has followed this trend by announcing the closure of several bank branches during the first week of March. According to data from the ...

It would be the bank’s first new branch in the city since it closed its downtown outpost at 1111 E. Main St. in the office ...