Major banks closed 65 locations across the country in just three weeks.
Bank of America and US Bank led the closures, each shutting down 11 locations.
That was the most of any bank during this period and consistent with their high branch closure numbers for the year. BofA has shut 132 so far in 2024.
Wells Fargo, Associated Bank and Citizens Bank also closed locations in the period October 15 to November 5.
California saw the largest concentration of closures, losing ten branches during this time.
Read more about it...
Over a year ago, Wells Fargo closed its branch on Federal and Lake...still sits empty.
2 comments:
One thing I know, banks don't pay much interest on anything now.
Synchrony Bank is the best they pay 4.2% on savings, Marcus by Goldman Sachs also pays well, 4%, most banks are corrupted today, we use Ithink credit union, they are the best, for all local stuff, and online synchrony for high rate savings and CDs. Chase is the worst!
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