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Reader: I live near 3 Minneapolis USBank branches, ALL ARE OPEN. WEBSITE IS UP.. ( U.S. Bank and Truist with 257 and 234 branch closures, respectively)

Posted By: RumorMail
Date: Tuesday, 7-Mar-2023 18:40:54
www.rumormill.news/218628

In Response To: CGI: IS THIS A CANARY IN A COAL MINE? Apparently US Bank Has Closed ALL Of Its Branch Outlets In Both Minnesota and Wisconsin!! (RumorMail)

A reader response for CGI member oldcurmudgeon.

************************

I live near 3 Minneapolis USBank branches,
ALL ARE OPEN. WEBSITE IS UP.

****

I did find this. Looks like they've been slowing closing locations, all over.
This:: 2020
U.S. Bank to close another 400 branches, or 15% of locations, by early next year

https://www.startribune.com/u-s-bank-to-close-another-400-branches-or-15-of-locations-by-early-2021/572738071/
And many more below..

6 hours ago
Why is U.S. Bank closing so many banks?
The closure of so many branch locations of the merged company will result in big cost savings for U.S. Bank. In 2022, news reports said a trend toward digital banking during the COVID-19 pandemic drove banks to shrink their brick-and-mortar presence in California last year.
https://www.sanluisobispo.com/news/business/article272814670.html

-------
Downtown Rochester bank branch to close in early 2023
https://www.postbulletin.com/business/downtown-rochester-bank-branch-to-close-in-early-2023

----
If your local bank branch has closed for good, you’re not alone — here’s what you can do
Fri, Jan 13 2023
According to a report by S&P Global Market Intelligence, Wells Fargo led the pack with 267 bank branch closures in 2021, followed by U.S. Bank and Truist with 257 and 234 branch closures, respectively. The five states that were hit the hardest were California, with 269 branch closures; Michigan, with 247 branches; New York, with 221 branches; Florida, with 192 branches; and Illinois, with 153 branches.

https://www.cnbc.com/select/bank-closures-hurt-consumers-what-you-need-to-know/

2020
U.S. Bank to close another 400 branches, or 15% of locations, by early next year

https://www.startribune.com/u-s-bank-to-close-another-400-branches-or-15-of-locations-by-early-2021/572738071/




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