Here are the major banks that closed 65 branches across the US
1 month, 3 weeks ago

Here are the major banks that closed 65 branches across the US

Daily Mail  

Major banks closed 65 locations across the country in just three weeks. Experts from Self Financial reached the number by studying the rate of net closures across the country, which has averaged 1,646 each year since 2018. 'Client's banking preferences and behaviors are changing, including a rapid migration toward digital and mobile banking platforms, and a desire for greater simplicity,' a spokesperson for U.S. Bank told DailyMail.com. Closures can lead to significant savings for banks, since the average freestanding branch costs around $2.6 million a year to run.

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History of this topic

High street banking giant will close 101 branches for good in 2025 - check if yours is on the list
2 weeks, 4 days ago

High street banking giant will close 101 branches for good in 2025 - check if yours is on the list

Daily Mail  

A major banking group has announced it will close another another 101 high street branches in 2025 in the latest blow to customers. Speaking to Birmingham Live about the closures, a Lloyds Banking Group spokesperson said: 'Mobile banking is more popular than ever, with over 19.5 million customers choosing our app to manage, maximise and understand more about their money. …

Major banks closed 46 branches in just TWO weeks - is yours affected?
2 months, 3 weeks ago

Major banks closed 46 branches in just TWO weeks - is yours affected?

Daily Mail  

US banks closed 46 local branches in the first two weeks of October alone. Citizens bank closed fifteen locations in the two-week period October 1 to October 14 ALL THE OTHER CLOSURES IN 2024 US banks closed 754 branches in the first nine months of the year. It comes after DailyMail.com revealed that banks had closed more than 700 branches …

Coffee, sculptures and financial advice. Banks try to make new branches less intimidating
6 months, 4 weeks ago

Coffee, sculptures and financial advice. Banks try to make new branches less intimidating

Associated Press  

NEW YORK — It’s like Sephora or Starbucks now offered a checking account. After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch. …

Coffee, sculptures and financial advice. Banks try to make new branches less intimidating
6 months, 4 weeks ago

Coffee, sculptures and financial advice. Banks try to make new branches less intimidating

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. After years of closing or mostly neglecting physical bank …

Barclays announces fresh wave of branch closures with 22 more to shut - is YOUR local affected
10 months, 4 weeks ago

Barclays announces fresh wave of branch closures with 22 more to shut - is YOUR local affected

Daily Mail  

Barclays have announced they are to close another string of branches over the coming months in a fresh blow for high street shoppers. The popular high street bank - which boasts 48 million customers as of 2023 - is to start pulling the shutters down on 16 sites in England, two in Wales, one in Scotland and one in Ireland …

Is YOUR local bank closing? Full list of nearly 200 branches including Lloyds, Halifax and Barclays set to shut this year amid high street exodus
1 year ago

Is YOUR local bank closing? Full list of nearly 200 branches including Lloyds, Halifax and Barclays set to shut this year amid high street exodus

Daily Mail  

The full list of nearly 200 bank branches which are set to close this year was revealed today as lenders continue withdrawing from the High Street. Bank branch scheduled closures in 2024 Lloyds 60 Halifax 47 Barclays 34 NatWest 21 Bank of Scotland 16 Ulster Bank 10 RBS 1 TOTAL - 189 Jenny Ross, Which? Royal Bank of Scotland, also …

Barclays is closing 14 more banks this year - is YOUR local branch affected?
1 year, 5 months ago

Barclays is closing 14 more banks this year - is YOUR local branch affected?

Daily Mail  

Barclays is set to close 14 more banks over the coming months, it has been revealed today. The bank has already announced more than 60 closures this year, following in the footsteps of several other major companies including NatWest, Lloyds Banking Group and Halifax. Barclays is set to close 14 more banks over the coming months it has been revealed …

UK bank closures 2023: Full list of UK banks that closed in July
1 year, 6 months ago

UK bank closures 2023: Full list of UK banks that closed in July

Daily Mail  

80 UK bank branches are set to close in July 2023, with leading banks such as Barclays, NatWest, Lloyds and HSBC all shutting branches. Read on below for a full list of bank closures in July 2023. This map shows all 80 UK bank branches closing in the month of July 2023, including sites from NatWest, Barclays, HSBC, Lloyds and …

Barclays announces plans to shut another 15 branches this year
1 year, 8 months ago

Barclays announces plans to shut another 15 branches this year

Daily Mail  

Barclays is closing another 15 branches this year in a fresh blow to customers who value face-to-face banking. It comes after two of the UK's other biggest high street banks, NatWest Group and Lloyds Banking Group, revealed plans last month to close more than 80 branches between them across the country. The latest series of closures, which will all take …

A third of the nation's bank branches have shut in the past five years — for people in the country, that's a huge problem
1 year, 10 months ago

A third of the nation's bank branches have shut in the past five years — for people in the country, that's a huge problem

ABC  

Newsagent Ray Burgess is a good customer for a bank, he just cannot find one. Key points: Over the past five years, 30 per cent of Australia's bank branches have shut Banks claim more transactions are happening online, fewer in branches A Senate inquiry into the impact of regional bank branch closures is holding a hearing in Gippsland To run …

Australian banks close hundreds of branches and ATMs as services move online
2 years, 2 months ago

Australian banks close hundreds of branches and ATMs as services move online

ABC  

More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone. Key points: More than 300 bank branches closed nationally in the last financial year Banks also closed 963 ATMs last year as services moved online Australia has seen a 30 per cent drop in branch …

More than 500 bank branches close since pandemic struck
3 years, 7 months ago

More than 500 bank branches close since pandemic struck

The Telegraph  

UK towns have lost 529 bank branches since the start of the pandemic despite the City watchdog urging lenders to hold back on cuts during the Covid crisis, it has emerged. Since the first national lockdown was imposed on March 23 last year, banks have gone on to close 529 branches, according to Which?. The closures have come despite the …

Banks To Remain Closed for 6 Days from March 27 to April 4: Details Here
3 years, 9 months ago

Banks To Remain Closed for 6 Days from March 27 to April 4: Details Here

News 18  

People who are planning to visit banks will have to postpone it as banks across the country will remain closed due to holidays and the end of the financial year. According to the bank calendar released by the Reserve Bank of India, the coming weeks of March and April will witness over seven days of holidays. From March 27-29 banks …

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