US Bankcorp, the parent company of US Bank, is one of the largest identical institutions in the United States. The bank has around 11.6 million members, and this year, many may have been impacted by the shuttering of bank branches across the country. One hundred seventy-five branches have been closed this year, with the bank reporting that they plan to close more locations in early 2024. One hundred of these closures have taken place in California, where it appears the bank is attempting to lower its physical footprint.
When a bank plans to close a branch, it is required to notify the Office of the Comptroller of Currency (OCC) at least 90 days prior to the scheduled closure. We have determined the total number of branches that may be affected based on the reported closures until the end of 2022 and those filed as of early September this year.
Another twenty-two closures have been reported to the OCC since October 2022, but the bank has yet to announce when those branches will shut their doors to the public.
The complete list of branches that will be closed by the end of 2023
In Arkansas, two branches have closed this year:
In Arizona, only one branch located in Peoria at 2845 North Vistancia Blvd has closed this year.
In Arizona, 14 branches have closed so far this year:
In California, 100 branches have closed this year:
In Colorado, three branches have closed this year:
In Idaho, two branches have closed this year:
In Illinois, three branches have closed this year:
In Indiana, two branches have been closed this year:
In Iowa, three branches have closed so far this year:
In Kentucky, 12 branches have closed this year:
In Minnesota, three branches have closed this year:
In Missouri, four branches have closed this year:
In Nebraska, only one branch located at 3400 N.85th Street in Lincoln has closed this year.
In New Mexico, two branches have closed this year:
In Nevada, two branches have closed this year:
In New Mexico, two branches have closed this year:
In Ohio, nine branches have closed this year:
In Oregon, six locations have closed this year:
In South Dakota, one location in Sioux Falls found at 1800 West 12th Street has closed this year.
In Tennessee, two branches have closed this year:
In Utah, four branches have closed this year:
In Washington, seven branches have closed this year:
In Wisconsin, five branches have closed this year: