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Banks have closed 539 branches in just six months - with Wells Fargo, Chase among those shutting the
240B:
Banks have closed 539 branches in just six months - with Wells Fargo, Chase among those shutting the most
DAILYMAIL.COM
By ALICE WRIGHT
13 July 2024
Banks closed 539 local branches across the country in the first half of the year - leaving more and more Americans without access to basic financial services.
If the rate continues for the rest of 2024, it will mean more than 1,000 branches wiped from malls, and town and city centers.
Bank of America closed the most branches, a total of 90 in just six months.
(more)
https://www.dailymail.co.uk/yourmoney/article-13621197/bank-branch-closures-wells-fargo-chase-bank.html
Fishrrman:
I'm thinking the banks' real goals here are to:
- reduce employment
and
- force customers into online banking wherever possible.
Wingnut:
I use Local banks and Credit Unions only for my banking needs. Screw the mega national banks. They are anti-American.
DB:
Branches become less necessary as more and more people use online services. Safe deposit boxes and other bank services are still needed but not as often.
Kamaji:
--- Quote from: 240B on July 13, 2024, 09:16:03 pm ---Banks have closed 539 branches in just six months - with Wells Fargo, Chase among those shutting the most
DAILYMAIL.COM
By ALICE WRIGHT
13 July 2024
Banks closed 539 local branches across the country in the first half of the year - leaving more and more Americans without access to basic financial services.
If the rate continues for the rest of 2024, it will mean more than 1,000 branches wiped from malls, and town and city centers.
Bank of America closed the most branches, a total of 90 in just six months.
(more)
https://www.dailymail.co.uk/yourmoney/article-13621197/bank-branch-closures-wells-fargo-chase-bank.html
--- End quote ---
I haven't been into an actual bank branch building for months at a time. I'm not sure that in this day and age, the number of available brick-n-mortar branches equates to having access to banking services.
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