Major banks are set to close 1,000 branches across the US by the end of this year, with 65 shuttered in just three weeks.
Bank of America and US Bank closed 11 branches each from October 15 to November 5, their highest number within such a time frame in 2024.
Three other major banks – Wells Fargo, Citizens Bank and Associated Bank – closed fewer branches.
The hardest hit state was California, which lost 10 banking locations, followed by Pennsylvania where eight shut their doors. Florida and Ohio followed with a half-dozen closures each.
Data from the Office of the Comptroller of the Currency (OCC) has banking institutions on pace to close 1,000 branches collectively by the end of the year, according to the Daily Mail.
Bank of America has closed the most branches, a whopping 132.
Which bank branches closed over the past few weeks?
This is the full list of bank closures with addresses from October 15 to November 5:
US bank closures in 2024
- Associated Bank – Chicago, IL – 6355 North Central Avenue
- Associated Bank – Neillsville, WI – 509 Grand Avenue
- Associated Bank – Tomahawk, WI – 227 W Wisconsin Avenue
- Associated Bank – Slinger, WI – 300 East Washington Street
- Bank of America – Oceanside, CA – 702 Mission Avenue
- 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, TX – 451 West Main Street
- Bank of America – Waterbury, CT – 991 Cooke Street Drive
- Bank of America – Seattle, WA – 1501 Queen Anne Ave N
- Bank of America – Warson Woods, MO – 9961 Manchester Road
- Bank of America – Philadelphia, PA – 920 South Street
- Bank of America – Howell, NJ – 4005 Route 9 North
- Beverly Bank & Tr Co – Chicago, IL – 1908 West 103rd Street
- Citizens Bank – Philadelphia, PA – 8345 Ridge Avenue
- Citizens Bank – Pittsburgh, PA – 712 Washington Road
- Citizens Bank – Langhorne, PA – 168 N Flowers Mill Road Suite A
- Citizens Bank – Broomall, PA – 2180 West Chester Pike
- Citizens Bank – Norristown, PA – 2668 Egypt Road
- Citizens Bank – Philadelphia, PA – 2101-41 Cottman Avenue
- Citizens Bank – West Chester, PA – 1393 Wilmington Pk
- Citizens Community Federal – Faribault, MN – 300 Western Avenue, Suite 300
- Farmers’ NB of Canfield – Beachwood, OH – 24755 Chagrin Boulevard, Suite 100
- Fidelity Bank – Tulsa, OK – 2222 S Utica Place
- Fifth Third Bank – Columbus, OH – 5342 North Hamilton Road
- Fifth Third Bank – Saint Petersburg, FL – 153 Second Avenue South
- Fifth Third Bank – Merrillville, IN – 6760 Broadway
- Fifth Third Bank – Jacksonville, FL – 14420 Beach Boulevard
- Fifth Third Bank – Garfield Heights, OH – 9301 Vista Way
- First NB & Tr Co – Rush Springs, OK – 222 W Blakely Avenue
- First NB & Tr Co – Alex, OK – 102 South Main Street
- First NB & Tr Co – Cyril, OK – 201 West Main Street
- First NB of Omaha – Bayard, NE – 302 Main Street
- First NB Texas – El Paso, TX – 501 Executive Center, Suite 101
- First NB Texas – Dallas, TX – 9140 Forest Lane
- Flagstar Bank – Jericho, NY – 336 North Broadway
- Fulton Bank – Charlottesville, VA – 95 Community Street
- JPMorgan Chase Bank – Las Vegas, NV – 1340 East Flamingo Road
- JPMorgan Chase Bank – Houston, TX – 4335 Martin Luthur King Boulevard, Ste B
- PNC Bank – Albuquerque, NM – 2444 Louisiana Boulevard NE
- PNC Bank – Albuquerque, NM – 3500 Candelaria Road NE
- PNC Bank – Bakersfield, CA – 8500 Stockdale Hwy Ste 100
- PNC Bank – Napoleon, OH – 701 N Perry Street
- PNC Bank – Napoleon, OH – 801 N Perry Street
- SouthState Bank – Oldsmar, FL – 3711 Tampa Road
- US Bank – Cobden, IL – 118 S Front Street
- US Bank – Cambridge, OH – 819 Wheeling Avenue
- US Bank – Blair, NE – 1865 Washington Street
- US Bank – Hopkinsville, KY – 3711 1101 S Main Street
- US Bank – Pleasantville, CA – 6774 Bernal Avenue, Suite 310
- US Bank – Wahpeton, ND – 502 Second Avenue North
- US Bank – Maquoketa, IA – W Platt & McKinsey Drive
- US Bank – San Francisco, CA – 3473 California Street
- US Bank – Mill Valley, CA – 453 Miller Avenue
- US Bank – Humboldt, IA – 701 Sumner Avenue
- US 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
- Zions Bancorporation – Sacramento, CA – 1800 Arden Way
While some older customers still visit banks to deposit checks and withdraw money, among other services, most Americans use online banking.
‘As we evolve along with our clients, we are reevaluating our physical footprint, and in some instances, consolidating branch locations in select markets,’ a US Bank spokesperson told the Daily Mail.
‘Although we are closing some branches, we continue to open and enhance others, as well as rapidly enhancing our digital capabilities.’
An average of 1,646 bank net closures have occurred annually since 2018, according to Self Financial experts, who believe the last physical bank in the country could end operations by 2041.
Get in touch with our news team by emailing us at webnews@metro.co.uk.
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