Bank of America leads with the highest number of branch closures at 132 so far this year (Picture: Getty Images)
Major banks are set to close 1,000 branches across the US by the end of this year, with 65 shuttered in just three weeks.
Bank of America and US Bank closed 11 branches each from October 15 to November 5, their highest number within such a time frame in 2024.
Three other major banks – Wells Fargo, Citizens Bank and Associated Bank – closed fewer branches.
The hardest hit state was California, which lost 10 banking locations, followed by Pennsylvania where eight shut their doors. Florida and Ohio followed with a half-dozen closures each.
Bank of America, followed by US Bank, have closed the most branches so far in 2024 (Picture: Mail Online Graphics)
Data from the Office of the Comptroller of the Currency (OCC) has banking institutions on pace to close 1,000 branches collectively by the end of the year, according to the Daily Mail.
Bank of America has closed the most branches, a whopping 132.
Which bank branches closed over the past few weeks?
This is the full list of bank closures with addresses from October 15 to November 5:
US bank closures in 2024
Associated Bank – Chicago, IL – 6355 North Central Avenue
Associated Bank – Neillsville, WI – 509 Grand Avenue
Associated Bank – Tomahawk, WI – 227 W Wisconsin Avenue
Associated Bank – Slinger, WI – 300 East Washington Street
Bank of America – Oceanside, CA – 702 Mission Avenue
Bank of America – Fort Myers, FL – 8681 Cypress Lake Drive
Bank of America – Ormond Beach, FL – 902 South Atlantic Avenue
Bank of America – Tampa, FL – 2700 West Dr Martin L King Jr Boulevard
Bank of America – Nashville, TN – 969 South Gallatin Road
Bank of America – Hendersonville, TX – 451 West Main Street
Bank of America – Waterbury, CT – 991 Cooke Street Drive
Bank of America – Seattle, WA – 1501 Queen Anne Ave N
Bank of America – Warson Woods, MO – 9961 Manchester Road
Bank of America – Philadelphia, PA – 920 South Street
Bank of America – Howell, NJ – 4005 Route 9 North
Beverly Bank & Tr Co – Chicago, IL – 1908 West 103rd Street
Citizens Bank – Philadelphia, PA – 8345 Ridge Avenue
Citizens Bank – Pittsburgh, PA – 712 Washington Road
Citizens Bank – Langhorne, PA – 168 N Flowers Mill Road Suite A
Citizens Bank – Broomall, PA – 2180 West Chester Pike
Citizens Bank – Norristown, PA – 2668 Egypt Road
Citizens Bank – Philadelphia, PA – 2101-41 Cottman Avenue
Citizens Bank – West Chester, PA – 1393 Wilmington Pk
Citizens Community Federal – Faribault, MN – 300 Western Avenue, Suite 300
Farmers’ NB of Canfield – Beachwood, OH – 24755 Chagrin Boulevard, Suite 100
Fidelity Bank – Tulsa, OK – 2222 S Utica Place
Fifth Third Bank – Columbus, OH – 5342 North Hamilton Road
Fifth Third Bank – Saint Petersburg, FL – 153 Second Avenue South
Fifth Third Bank – Merrillville, IN – 6760 Broadway
Fifth Third Bank – Jacksonville, FL – 14420 Beach Boulevard
Fifth Third Bank – Garfield Heights, OH – 9301 Vista Way
First NB & Tr Co – Rush Springs, OK – 222 W Blakely Avenue
First NB & Tr Co – Alex, OK – 102 South Main Street
First NB & Tr Co – Cyril, OK – 201 West Main Street
First NB of Omaha – Bayard, NE – 302 Main Street
First NB Texas – El Paso, TX – 501 Executive Center, Suite 101
First NB Texas – Dallas, TX – 9140 Forest Lane
Flagstar Bank – Jericho, NY – 336 North Broadway
Fulton Bank – Charlottesville, VA – 95 Community Street
JPMorgan Chase Bank – Las Vegas, NV – 1340 East Flamingo Road
JPMorgan Chase Bank – Houston, TX – 4335 Martin Luthur King Boulevard, Ste B
PNC Bank – Albuquerque, NM – 2444 Louisiana Boulevard NE
PNC Bank – Albuquerque, NM – 3500 Candelaria Road NE
PNC Bank – Bakersfield, CA – 8500 Stockdale Hwy Ste 100
PNC Bank – Napoleon, OH – 701 N Perry Street
PNC Bank – Napoleon, OH – 801 N Perry Street
SouthState Bank – Oldsmar, FL – 3711 Tampa Road
US Bank – Cobden, IL – 118 S Front Street
US Bank – Cambridge, OH – 819 Wheeling Avenue
US Bank – Blair, NE – 1865 Washington Street
US Bank – Hopkinsville, KY – 3711 1101 S Main Street
US Bank – Pleasantville, CA – 6774 Bernal Avenue, Suite 310
US Bank – Wahpeton, ND – 502 Second Avenue North
US Bank – Maquoketa, IA – W Platt & McKinsey Drive
US Bank – San Francisco, CA – 3473 California Street
US Bank – Mill Valley, CA – 453 Miller Avenue
US Bank – Humboldt, IA – 701 Sumner Avenue
US Bank – Hayward, CA – 27000 Hesperian Boulevard
Wells Fargo Bank – Pasadena, CA – 655 North Fair Oaks Avenue
Wells Fargo Bank – Pleasanton, CA – 5798 Stoneridge Mall Road
Wells Fargo Bank – Dallas, TX – 5809 E Lovers Lane
Wells Fargo Bank – Hickory, NC – 200 First Ave NW
Wells Fargo Bank – El Paso, TX – 221 N Kansas Street
Wells Fargo Bank – North Highlands, CA – 7477 Watt Avenue
Zions Bancorporation – Sacramento, CA – 1800 Arden Way
Bank of America closed 11 branches over the past three weeks (Picture: Getty Images)
While some older customers still visit banks to deposit checks and withdraw money, among other services, most Americans use online banking.
‘As we evolve along with our clients, we are reevaluating our physical footprint, and in some instances, consolidating branch locations in select markets,’ a US Bank spokesperson told the Daily Mail.
‘Although we are closing some branches, we continue to open and enhance others, as well as rapidly enhancing our digital capabilities.’
An average of 1,646 bank net closures have occurred annually since 2018, according to Self Financial experts, who believe the last physical bank in the country could end operations by 2041.
