US banks added more net new branches in 2023 for the first time in a decade. That bet on new brick-and-mortar locations isn't letting up so far in 2024. Last year banks added 94 net new branches ...

Many major banks are closing down their physical branches in favor of digital offerings, a process that was accelerated during the pandemic as online banking became a necessity rather than a ...

Wells Fargo has shut down 13 branches so far this year.

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