Mass Bank Closures in the US Signal Ongoing Shift Towards Digital Banking

Thursday, 11 July 2024, 12:00

Several banks, including US Bank and Bank of America, are closing 15 branches in the US, reflecting the industry's move towards digital services. The closures are part of a larger trend away from brick-and-mortar locations in favor of online banking. This shift highlights the increasing reliance on digital channels for banking services, impacting traditional branch networks.
Lagradaonline
Mass Bank Closures in the US Signal Ongoing Shift Towards Digital Banking

Mass Bank Closures in the US

Last week, several banks announced the closure of 15 more branches across the US continuing the trend of shifting away from brick-and-mortar.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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