America's bank branch bloodbath laid bare: More than 1,500 banks were shut in 2023 - with Wells Fargo, PNC, US Bank and Bank of America closing the most

Submitted by Dave Hodges on Monday, January 1, 2024 - 19:49.

Banks filed to close 1,556 branches across the US this year and opened 472
Wells Fargo led with more than 300 closures while Citibank closed just eight
JPMorgan Chase was an outlier as it filed to open more branches than it closed

By NEIRIN GRAY DESAI CONSUMER REPORTER FOR DAILYMAIL.COM

Banks this year closed branches in California and the Midwest faster than elsewhere, as an ongoing elimination of costly brick and mortar locations leaves an increasing number of Americans without access to basic financial services.

Dozens of banks filed notices to close a total of 1,566 branches between January 1 and December 22, according to data from their regulator, the Office of the Comptroller of the Currency (OCC). In contrast they only notified the regulator of plans to open 472.

And the closures are being felt. DailyMail.com has received emails from concerned readers that they now needing to travel further to access a bank.

Comments

Derivitives and CBDC

Darkest Tue, 01/02/2024 - 00:37

Comment

These banks have severe financial troubles: DERIVATIVE DEBT. Quadrillions of dollars tied up in the Derivative Bank Casinos that will NEVER be repaid. Of course, this is going to crash in the near future and many of these banks will be burned down to nothing. Right now, it is "put out the fire and hope for the best", time! These destructive measures will do nothing except maybe buy a few weeks of life. I personally think it plays into the favor of the New World Order. These white-collar criminals will have to claim some type of banker holiday that lasts a month. All the while, they are going to convert everyone to a Digital Wallet of some type that everyone will have to accept or be blackballed from living in polite society.