Good Lifestyle

The retail closings are hardly an unusual view these days. That it is major grocery store Or Interior decoration channels , companies have closed stores on the left and right in recent years. But it is not only the retailers who are accompanied - the major banks have also reduced their spaces of brick and mortar. Wells Fargo has already closed hundreds of branches nationwide, and now he has more closures scheduled for the coming weeks. Read the continuation to find out more about Wells Fargo's plans.

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In recent years, Wells Fargo has gotten hundreds of branches. In 2021, the company closed the Most locations On any other bank, with a total of 267 discounts that year, CNBC reported. Wells Fargo closed many more branches last year, leaving the company with 4,598 retail locations At the end of 2022, down 4,777 branches the previous year.

Customers have also continued to see more closings from the bank this year. Wells Fargo has already closed branches in Montana, North Carolina, California, Pennsylvania, Texas, New Jersey, Florida, Utah, Virginia, New Mexico and Washington.

Now, even more branches are on the cutting block.

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The next closure of Wells Fargo is fast approaching. The company is Fence of a location in Redondo Beach, California, tomorrow, The US sun reported. The Wells Fargo on the motorway on the south coast of South in Redondo Beach will end for good on September 13 at 11 a.m.

"Until then, customers can use the branch and the bank with us as they have always done," said a spokesperson for Wells Fargo The US sun . "After that, customers can use our branch at 1701 S. Elena Ave. which is 1.5 mile from the closing branch."

Customers in California are not alone: Wells Fargo is also Branch In Richmond, Virginie, tomorrow, reported Richmond Bizsense. A spokesman for the company confirmed to the press that his outpost at the 3501 West Broad Street would close for good on September 13 also.

The operations and deposits of this branch are consolidated in the Willow Lawn Wells Fargo - which is located on the same road, about one mile to the west at 4901 West Broad Street.

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Wells Fargo plans to close two other branches In the Richmond region in the coming weeks, Richmond Bizsense reported. The company closes a branch located at 8215 West Broad Street on October 18, and another at 122 East Grace Street on November 1, according to the News Out.

Apart from Virginia, Wells Fargo will abandon a branch in Pennsylvania. His outpost at the 1840 Airport Road in Alentown, Pennsylvania, Close On November 1, WFMZ-TV reported.

And before that, Wells Fargo will close two branches in New Mexico. Spokesperson Ruben Pulido recently confirmed to Business Journal Albuquerque that the bank provides for Close retail places In Bosque Farms and Santa Teresa on October 4. AE0FCC31AE342FD3A1346EBB1F342FCB

Better life Contacted Wells Fargo about these new closures planned, and we will update this story with their response.

Wells Fargo's decision to close so many national branches has not been easy or something that they "take lightly," said the company The US sun . But as the habits of the consumer bank change, operations must change with it.

"Customers use our wide range of digital capacities for many of their banking needs and, therefore, more transactions occur outside the branch", a spokesperson for Wells Fargo Said previously Better life . "As such, we permanently assess our network of branches in light of changing customer needs, the increase in the use of digital banking and market factors."

However, "branches continue to play an important role in the way we serve our customers," added the spokesperson.

It's not just a problem for Wells Fargo. Many large banking companies, including Santander Bank, have closed branches across the United States in the light of changing trends.

"Like many industries, the preferences of our customers have changed, with more customers choosing to banish with us online," said Santander Bank in a previous statement Better life . "Consequently, we reinvent the experience of customers and employees by simplifying our processes, by refining our branch footprint and by increasing our investment in digital capacities to align with the evolutionary needs of our customers."

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