Bank branches opening and closing in January: Wells Fargo, US Bank, Chase, Bank of America...
So far this year, various major banks have established and closed several branches across the country.
Last year, hundreds of bank branches belonging to major financial institutions were closed. At the same time, other locations were opened as banks adjusted to the uptick in online banking services and fewer customer trips to physical locations. The Office of the Comptroller of Currency (OCC) publishes information weekly on branch closures and openings, and their reports show that the trend is continuing in 2024, with seven branches already having closed and one having been established so far this year.
Bank closures through 11/1/2024
Bank First
- 2810 South Ridge Rd, Green Bay, WI
First Financial Bank
- 2617 Antilley Rd, Abilene, TX
Investar Bank
- 1100 Quintard Ave, Anniston, AL
US Bank
- 10 N. Hanley Rd, Clayton, MO
- 1485 Harrison Rd, Ogden, UT
- 801 N 39th Ave, Yakima, WA
- 520 North 35th St, Louisville, KY
Bank of America plans to close six locations letter this month.
Bank of America Scheduled Closures
- 13595 South Dixie Hway, Pinecrest, FL | 19/1/2024
- 1310 S. Rochester Rd, Rochester, MI | 26/1/2024
- 1 Market St, San Francisco, CA | 30/1/2024
- 5800 South Eastern Ave, Los Angeles, CA | 30/1/2024
- 1400 Moraga Way, Moraga, CA | 30/1/2024
- 4767 Boston Post Rd, Pelham Manor, NY | 30/1/2024
Bank openings
The only bank that has opened a branch so far this year is Fifth Third Bank, and it can be found at 42031 Cypress Parkway, Suite 1, in Babcock Ranch, Florida.
More openings are on the way, with the OCC having approved the establishment of nearly a dozen branches, which should open their doors sometime this year. Many of the approved locations do not yet have a physical address associated with the branch, but we are able to provide the general area or the city where the location will be opened.
Approved branches to open in 2024
Bank First
- 1951 Shawano Ave, Green Bay, WI
JP Morgan Chase
- Brighton, MA
- SWC of Belmont Ridge Road (aka Route 659) and Promenade Dr, Leesburg, VA
- NEC of South Pleasantburg Drive and Chalmers Rd, Greenville, SC
- NWC of Main Street (aka Route 236) and Pickett Rd, Fairfax, VA
- SWC of Hickman Road (aka Route 6) and SE Alice's Rd, Waukee, IA
- NEC of South 56th Street & Nebraska Parkway (aka Highway 2), Lincoln, NE
- NWC of Kings Mills Road (aka Route 741) and Epic Way, Mason, OH
Northwestern Bank
- 928 McKinley Ave, Detroit Lakes, MN