Massive bank branch closures in the US – Check here to see if your bank is affected

By: Chiefs focus

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It seems like every day another bank branch closes down, and it is not just a baseless impression, just in the first two weeks of October, 46 local bank branches of US banks have shut their doors for good. And there are many more to come before the end of the year.

The bank responsible for most of the closures this time around was Citizens bank, with fifteen closures in just a fortnight. Huntingdon shut down eleven locations, U.S Bank was responsible for nine and the rest of the closures were spread across Bank of America and Wells Fargo, each of which closed four locations, and both First National Bank of Texas and Chase, who closed one each.

These locations join the rest of the 754 bank branches closed in the first nine months of the year, and while they are spread out, October has hit Illinois and Pennsylvania hard, with eight and seven respectively.

If this pace of closures continues, by the end of the year, over 1,000 bank branches could be gone nationwide. What may be even more concerning, researchers at Self Financial examined the data on net closures, which have averaged about 1,646 annually since 2018, and concluded that the very last physical bank branch in the U.S. could close by 2041.

Of course, this is all speculation, but since the rise of online banking, the need for physical locations has been severely reduced. As a spokesperson for U.S. Bank told DailyMail.com “Client’s banking preferences and behaviors are changing, including a rapid migration toward digital and mobile banking platforms, and a desire for greater simplicity. As we evolve along with our clients, we are reevaluating our physical footprint, and in some instances, consolidating branch locations in select markets. Although we are closing some branches, we continue to open and enhance others, as well as rapidly enhancing our digital capabilities.”

List of bank branches that closed during the first fortnight of October
Bank City Location
Bank of America

Bank of America

Bank of America

Bank of America

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

Citizens Bank

First NB Texas

Huntington

Huntington

Huntington

Huntington

Huntington

Huntington

Huntington

Huntington

Huntington

Huntington

Huntington

JPMorgan Chase

U.S. Bank

U.S. Bank

U.S. Bank

U.S. Bank

U.S. Bank

U.S. Bank

U.S. Bank

U.S. Bank

U.S. Bank

Wells Fargo

Wells Fargo

Wells Fargo

Wells Fargo

CHICAGO

LONG BEACH

BOSTON

BEVERLY HILLS

PARMA

Philadelphia

Pittsburgh

NASHUA

Dillsburg

Hyde Park

TAYLOR

BELMONT

BURLINGTON

BELLINGHAM

Pittsburgh

New Kensington

WESTLAND

Philadelphia

RUMFORD

SCOTTSDALE

CHICAGO

Elyria

Port Huron

INDIANAPOLIS

Canfield

Dorr

CHICAGO

ST. BADEN

ARLINGTON HEIGHTS

OAK LAWN

LOMBARD

PEORIA

MESA

GILBERT

CHICAGO

Quincy

Richmond

MINNEAPOLIS

SPOKANE

FARMINGTON

PLACERVILLE

CHANTILLY

South Gate

MEMPHIS

NEW YORK

49 East Chicago Avenue

6351 East Spring Street

133 Massachusetts Avenue

8760 Wilshire Boulevard

7450 Broadview Road

2497 Aramingo Avenue

4570 Fifth Avenue

122 Northeastern Blvd

4 South Baltimore Street

1025 Truman Parkway

7000 Monroe Blvd

535 Trapelo Road

248 Middlesex Turnpike

70 Pulaski Blvd

712 Washington Road

200 Tarentum Bridge Road

200 Merriman

8345 Ridge Avenue

275 Newport Avenue

15355 Noth Northsight Bvd

7530 S. Stony Island

860 East Broad Street

1527 Hancock

9075 N. Meridian St.

3801 Boardman Canfield Road

1604 142nd St.

29 East Madison, Suite 150

1685 W. State

440 E. Rand Road

8801 S. Ridgeland Avenue

1177 S. Main Street

125 Ne Jefferson Avenue

3622 East Southern Avenue

5137 East Baseline Road

209 South Lasalle Street

20 E. Main Street

521 Lancaster Avenue

219-19th AvSouth, Suite 140

East 3001 29th Avenue

1316 North Highway 89

3955 Missouri Flat Road

14430 Chantilly Crossing Lane

4703 Firestone Blvd.

6445 Poplar Ave

535 Seventh Avenue

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