If you have a check that you need to cash, a few options are available. Some banks allow their members to cash checks online through their banking services. Alternatively, you can visit a branch of the bank and have a representative cash the check for you. However, this option is only available to members of that specific bank, so those who use digital-only banks may have difficulty if they do not have access to a physical branch.
Certain banks and credit unions may allow you to cash checks that follow the rules set out by the Consumer Financial Protection Bureau. This means that the check must be written by a member and the account must have sufficient funds to cash the check. Most banks will only cash checks that are less than six months old. Additionally, the institution might charge no members a fee for cashing the check, and in the case that you are allowed to cash it, be sure to bring a government-issued ID.
Major banks continue to close branches across the US
The decrease in the circulation of checks has happened in tandem with the increase in bank branch closures. As online banking becomes more popular, members make fewer trips to physical branches. This has led many of the largest banks in the country to scale back their physical presence.
In February and March, Chase will close twelve branches total:
2 February 2024
- 240 North Washington Boulevard, Suite 100, Sarasota, FL
- 5200 Dempster Street, Skokie, IL l
- 4200 Dempster Street, Skokie, IL
- 50 Skokie Boulevard, Wilmette, IL
8 February 2024
- 1101 West Lawrence Avenue, Chicago, IL
1 March 2024
- 10900 Se 21st Avenue, Milwaukie, OR
7 March 2024
- 30730 Groesbeck Hwy, Roseville, MI
- 5060 Arlington Avenue, Riverside, CA
- 1319 State Road 7, North Lauderdale, FL
15 March 2024
- 7001 Madison Avenue, Indianapolis, IN
- 3856 W 26th Street, Chicago, Cook
- 26603 72nd Avenue NW, Suite A, Stanwood, WA
Bank of America has also scheduled over a dozen closures in the coming months:
13 February 2024
- 1818 South Euclid Street, Anaheim, CA
- 90 Pier Avenue, Hermosa Beach, CA
- 8788 Georgia Avenue, Silver Spring, MD
27 February 2024
- 1440 Truxtun Avenue, Bakersfield, CA
- 2708 Ming Avenue, Bakersfield, CA
- 125 High Street, Boston, MA
- 250 Granite Street, Braintree, MA
- 800 Irving Street, San Francisco, CA
- 39168 Winchester Road, Murrieta, CA
5 March 2024
- 904 River Road, New Milford, NJ
- 1301 Jeffco Boulevard, Arnold, MO
- 2516 East Chapman Avenue, Fullerton, CA
- 5695 Fulton Industrial Boulevard, SW Atlanta, GA
- 172 Park Street North, Reading, MA
- 23 East Main Street, Washingtonville, NY
8 March 2024
- 72 Second Avenue, New York, NY
12 March 2024
- 430 Route 134, South Dennis, MA Ma
- 213 5th Avenue N, Franklin, TN
- 300 Lakeside Drive, Oakland, CA
- 3100 Garrett Road, Drexel Hill, PA
- 8819 Hypoluxo Road, Lake Worth, FL
15 March 2024
- 5710 Riverdale Road Riverdale, MD
- 3413 Kenilworth Avenue Hyattsville, MD
16 March 2024
- 4545 Chamblee Dunwoody Road, Dunwoody, GA
19 March 2024
- 15141 SW 42nd Street, Miami-Dade, FL
- 4300 North Atlantic Avenue, Cocoa Beach, FL
- 1900 South Ridgewood Avenue, Edgewater, FL
- 4395 S. Suncoast Blvd, Homosassa, FL
26 March 2024
- 515 South Boulder Avenue, Tulsa, OK
- 2101 Bel Pre Road, Silver Spring, MD
- 3491 Mckee Road, San Jose, CA
- 808 Columbus Avenue, New York, NY
- 780 South Macarthur Boulevard, Coppell, TX
- 40 West Foothill Boulevard, Upland, CA
These closures come on top of hundreds that took place in 2023 and are likely to be followed by many more.
