This year, over sixty bank branches have shuttered as the country’s largest financial institutions adjust to decreased demand for branch services as more transactions can be completed online. Hundreds of units closed in 2023, and the data courtesy of the Office of the Comptroller of Currency (OCC) shows that the trend is continuing into 2024.
Before getting started on the closures, there are also five openings to report this year so far:
- Zions Bancorporation @ 1695 28th Street, Boulder, CO
- Fifth Third Bank @ 42031 Cypress Parkway, Babcock Ranch, FL
- PNC Bank @ 8811 B SW 107th Avenue, Miami, FL
- Barrington Bank & Trust Company @ 107 Roman Lane, Hawthorn Woods, IL
- Academy Bank @ 1881 Main Street, Kansas City, MO
- Wilmington Savings Fund Society, Federal Savings Bank @ 1818 Market Street, Philadelphia, PA
Bank First, First Financial Bank, Fulton Bank, Hawaii National Bank, Investar Bank, and KeyBank have all closed one branch this month.
- Bank First @ 2810 South Ridge Road, Green Bay, WI
- First Financial Bank @ 2617 Antilley Road, Abilene, TX
- Fulton Bank @ 3727 Rt. 378, Bethlehem, PA
- Hawaii National Bank @ 30 Kalakaua Street, Hilo,
- Investar Bank @ 1100 Quintard Avenuem, Anniston, AL
- KeyBank @ 601 108th Avenue N.E., Bellevue, WA
Citizens Bank has closed three branches in January:
- 698 US Hwy 202N, Three Bridges, NJ
- 39 Leopard Drive, Paoli, PA
- 1760 DeKalb Pike, Blue Bell, PA
Fifth Third Bank has closed nine branches:
- 3240 South Cobb Drive, Smyrna, GA
- 2504 West Cermak, Chicago, IL
- 19 W Main Street, Poseyville, IN
- 39907 Groesbeck, Clinton Township, MI
- 384 First Street, Watervliet, MI
- 6700 Fairview Road, Charlotte, NC
- 201 North Charlotte Avenue, Monroe, NC
- 1010 Central Avenue, Middletown, OH
- 3760 Paxton Avenue, Cincinnati, OH
Huntington Bank also closed three branches:
- 9528 Roberts Road, Hickory Hills, IL
- 7525 W. Lake Street, River Forest, IL
- 2091 S Otsego Avenue, Gaylord, MI
Larger bank closures
Now, we will move on to the larger financial institutions.
Bank of America
Bank of America has closed twenty branches so far this year:
- 5000 South Arizona Mills Court, Tempe, AZ
- 7700 West Arrowhead Towne Center, Glendale, AZ
- 3111 W Chandler Boulevard, Chandler, AZ
- 7014 E. Camelback Road, Scottsdale, AZ
- 5870 East Broadway D-4, Tucson, AZ
- 1175 B Arnold Drive, Martinez, CA
- 12434 North Main Street, Rancho Cucamonga, CA
- 40750 Winchester Road, Temecula, CA
- 8375 Arroyo Cir #46, Gilroy, CA
- 2414 East Sunrise Boulevard, Fort Lauderdale, FL
- 9469 West Atlantic Boulevard, Coral Springs, FL
- 3800 Us Highway 98 N, Lakeland, FL
- 459 Brandon Town Center, Brandon, FL
- 10300 Southside Boulevard, Jacksonville, FL
- 4400 Ashford Dunwoody Road, Atlanta, GA
- 6600 Menual Northeast, Albuquerque, NM
- 1300 W Sunset Road, Henderson, NV
- 9585 Sw Washington Square Road, Portland, OR
- 6344 Telephone Road, Houston, TX
- 101 N. 2nd Street, Yakima, WA
Arizona and Florida saw the greatest number of closures, followed by California.
PNC has closed three branches:
- 1151 Bankhead Hwy W, Birmingham, AL
- 100 W Randolph St Ste 120, Chicago, IL
- 300 W 7th Street, Fort Worth, TX
US Bank has closed seven branches:
- 3393 Peachtree Road NE, Atlanta, GA
- 520 North 35th Street, Louisville, KY
- 4915 Dixie Highway, Louisville, KY
- 10 N. Hanley, Clayton, MO
- 115 North Chillicothe Road, Aurora, OH
- 1485 Harrison Road, Ogden, UT
- 801 N 39th Aveune, Yakima, WA
Wells Fargo has closed eleven branches so far this year:
- 4901 Tamiami Trail South, Naples, FL
- 1305 W. Sepulveda Boulevard, Torrance, CA
- 3501 Paxton Street, Unit Q1, Harrisburg, PA
- 113 South Tennessee Avenue, Lakeland, FL
- 10191 Cleary Boulevard, Plantation, FL
- 3131 West Hallandale Beach Boulevard, Hallandale, FL
- 201 E. Pipeline Road, Hurst, TX
- 270 Redwood Shores Parkway, Redwood City, CA
- 303 2nd Street, San Francisco, CA
- 3570 Southwest Military Drive, San Antonio, TX
- 1006 Richmond Road, Williamsburg, VA
Florida and California saw the greatest number of closures.
