{"id":7657,"date":"2025-03-24T02:14:31","date_gmt":"2025-03-24T02:14:31","guid":{"rendered":"https:\/\/xstorynews.com\/?p=7657"},"modified":"2025-03-24T02:14:31","modified_gmt":"2025-03-24T02:14:31","slug":"major-banks-close-locations-across-america-more-incoming","status":"publish","type":"post","link":"https:\/\/xstorynews.com\/?p=7657","title":{"rendered":"Major Banks Close Locations Across America, More Incoming"},"content":{"rendered":"<p>Banks all across the United States have closed hundreds of locations across the country, with the latest round of closures involving <a href=\"https:\/\/www.wideopencountry.com\/major-us-bank-closes-more-than-100-locations\/\" target=\"_blank\" rel=\"noreferrer noopener\">Wells Fargo<\/a>, Chase, and TD Bank, among others. Only in the past five weeks, 145 locations have closed, with more incoming, threatening jobs.3<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-7658\" src=\"https:\/\/xstorynews.com\/wp-content\/uploads\/2025\/03\/Untitled-300x160.png\" alt=\"\" width=\"300\" height=\"160\" srcset=\"https:\/\/xstorynews.com\/wp-content\/uploads\/2025\/03\/Untitled-300x160.png 300w, https:\/\/xstorynews.com\/wp-content\/uploads\/2025\/03\/Untitled.png 735w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>As per the <a href=\"https:\/\/www.dailymail.co.uk\/yourmoney\/consumer\/article-14523575\/us-bank-branch-closures-chase-wells-fargo.html\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Mail<\/a>, these 145 locations were shut down in only five weeks, between February 7 and March 14. However, 107 locations were previously closed between January 12 and February 6. This brings that total to a staggering 152 bank locations closed since January 12.<\/p>\n<p>&nbsp;<\/p>\n<p>As per <a href=\"https:\/\/www.the-sun.com\/money\/13842448\/chase-wells-fargo-bank-of-america-closures\/\" target=\"_blank\" rel=\"noreferrer noopener\">The U.S. Sun<\/a>, the bank with the most closures is Flagstar Bank. They notified the Office of the Comptroller of the Currency (OCC) of a total of 44 branches closing. In second place is TD Bank, with 38 locations. Bank of America and Chase follow, each of them fooling for nine closures from February 7 to March 14.<\/p>\n<p>In the specific case of TD Bank, reporting 38 closures, they expect to prioritize digital banking. They also plan to attend to their customers at their more than a thousand locations in the country. However, they do expect banking jobs to be impacted by the &#8220;store consolidation.&#8221; The 38 locations will fully close down on June 5.<\/p>\n<p>The Daily Mail reports that experts project bank closures to accelerate this year. &#8220;Retail bank closures in the US aren&#8217;t slowing,&#8221; Root Digital&#8217;s Darren Kingman told the outlet. &#8220;Our research shows that the last time this many people relied on a local bank branch was in 1995.&#8221;<\/p>\n<p>&#8220;There&#8217;s no doubt we&#8217;re moving towards a cashless society but this increase in people per bank branch and the fact over 200 million Americans still make cash deposits will only mean longer wait times in banks and a potentially a lower overall customer experience.&#8221;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banks all across the United States have closed hundreds of locations across the country, with the latest round of closures involving Wells Fargo, Chase, and TD Bank,&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7657","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"a3_pvc":{"activated":false,"total_views":0,"today_views":0},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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