Major Sign of The Times, Bank Closures - Sitcoms Online Message Boards

Caroline13 · 10-17-2023, 03:27 PM

US banks closed over 3,000 branches last year while opening just 1,000. A total of 54 bank branches had either closed or were scheduled to close between October 1 and October 7. Of the overall closures, three were in Louisville in Kentucky and eight of the 21 Bank of America closures were in California. Bank of America led the way by closing 21 branches in just the first week of October, followed by Wells Fargo with 15 closures. The closures came despite increase revenues due to higher interest rates. Many younger customers prefer online banking.

https://needtoknow.news/2023/10/majo...just-one-week/

I feel a saddness and loss of the great country I grew up in. Less and less people to people...interactions.
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There are a lot Pros and Cons to it ALL.

Dude111 · 10-18-2023, 10:32 PM

Yes its getting pretty bad and most do not realise it!!

10-17-2023, 03:27 PM	#1
Caroline13 Member Forum Fanatic Join Date: Jan 30, 2021 Location: So Calif Posts: 14,483	Major Sign of The Times, Bank Closures US banks closed over 3,000 branches last year while opening just 1,000. A total of 54 bank branches had either closed or were scheduled to close between October 1 and October 7. Of the overall closures, three were in Louisville in Kentucky and eight of the 21 Bank of America closures were in California. Bank of America led the way by closing 21 branches in just the first week of October, followed by Wells Fargo with 15 closures. The closures came despite increase revenues due to higher interest rates. Many younger customers prefer online banking. https://needtoknow.news/2023/10/majo...just-one-week/ I feel a saddness and loss of the great country I grew up in. Less and less people to people...interactions. _._,_._,_ There are a lot Pros and Cons to it ALL.
	__________________ Inexpensive Health Insurance = Grape Seed Extract Keep It Simple Last edited by Caroline13; 10-17-2023 at 04:05 PM.

10-18-2023, 10:32 PM	#2
Dude111 Forum Legend Join Date: Nov 05, 2013 Posts: 35,998	Yes its getting pretty bad and most do not realise it!!