Good Lifestyle

Banking branch closures are commonplace today, because companies assess their brick and mortar footprint and turn to online banking services. But while Wells Fargo is certainly not the Only the major bank This has closed the locations in recent months, it is remarkable to have closed hundreds of branches in recent years. In fact, in 2021, he closed More places in person that any other bank, reported CNBC. Barely a few weeks ago, Wells Fargo closed 10 other branches. Read more to find out where the last closures took place.

In relation: 6 banks, including Wells Fargo and Bank of America, closing the branches this fall .

According to September 23 Weekly bulletin From the American Currency Controller (OCS), 10 additional branches of Wells Fargo closed at the end of last month.

New Jersey lost three branches: one in Verona, Robbinsville and Elizabeth. The Pennsylvania has also lost two locations: one in Alentown and another in Quarryville.

In a declaration at Central Penn Business Journal Regarding Closings from Pennsylvania Wells Fargo said that he "made the decision difficult to close the Seventh Street North branch in Alentown and the Quartryville branch on Wednesday, September 20, 2023".

The bank cited the nearby branches and reminded customers that they "can use each branch and bank with us as they have always done". The company has added: "Branches continue to play an important role in the way we serve our customers, and we are continuously assessing our network of branches in the light of changing customers, the increase in digital banks and market factors. "

In relation: Wells Fargo closes even more branches, from tomorrow .

The occurrence bulletin was also included five other branches of Wells Fargo. These locations were in New Bern, North Carolina; Nampa, Idaho; Wasilla, Alaska; Ogden, Utah; and San Francisco. According to the bulletin, these five branches also closed on September 20.

"The branches continue to play an important role in the way we serve our customers in combination with our digital channels and our automatic ticket distributors", " Amy Admirault , Assistant vice-president of Wells Fargo of the consumer, Small & Business Banking Communications, said in a press release Better life . "As customer preferences and transaction models are changing, our branches too. We serve."

In relation: Rite Aid would have closed nearly 500 stores in front of bankruptcy .

Other large banks, such as PNC and JPMorgan Chase, were also included in the September 23 bulletin.

JPMorgan Chase closed seven chase Bank branches on September 19, including two locations in Boston; Four locations in New York; And a place in Wilson, Wyoming. (However, the OCD document also lists eight new prosecution branches that have been established on the same day.)

According to the bulletin, PNC closed four branches in total in Charlotte, in North Carolina; York, Pennsylvania; Gloucester City, New Jersey; And New Haven, Indiana, September 22. The American bank also closed three branches between September 18 and 21, each in Cincinnati; Richmond, Indiana; And Pueblo, Colorado.

A complete list of branch closings, relocations and openings are in the OCC Bulletin.

As indicated above by Better life , branch closures do not slow down. In addition to the climch Two branches on September 13 , Wells Fargo closes two other locations in New Mexico tomorrow. The Richmond region, in Virginia, also loses two branches of Wells Fargo in the near future, one on October 18 and another on November, 1st . AE0FCC31AE342FD3A1346EBB1F342FCB

And Bank of America firm at least 12 Locations in California Until the end of October, Newsbreak reported, while the city's national bank, Santander, Chase and First Citizens, also planned closures.

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