A Massive Bank Will Now Close More Than 50 Branches

A massive bank will now close more than 50 branches nationwide, a trend that has only grown across the banking sector.

Since October 2023, over sixty Wells Fargo have closed, of which thirteen closed in January.

Wells Fargo will close dozens of locations this year, but the exact timeline remains unknown.

Wells Fargo has announced that around fifty-five branches could be subject to closure.

However, the bank does have the chance to withdraw the closure if they so choose.

The following information comes courtesy of the Office of the Comptroller of Currency.

Below is a list of Wells Fargo branches that are slated to close in 2024.

Wells Fargo closing in California:

  • 26611 CARMEL CENTER PLACE, CARMEL
  • 303 N. EL DORADO STREET, STOCKTON
  • 10011 WASHINGTON BOULEVARD, CULVER CITY
  • 101 N. MILPAS STREET, SANTA BARBARA
  • 13255 BLACK MOUNTAIN ROAD, SAN DIEGO
  • 2201 PACIFIC COAST HIGHWAY, LOMITA
  • 2485 NOTRE DAME BOULEVARD, CHICO
  • 1601 WEST CAPITOL AVENUE, WEST SACRAMENTO
  • 1335 WEBSTER STREET, SAN FRANCISCO
  • 1801 N. HACIENDA BOULEVARD, LA PUENTE
  • 3480 S. LA BREA AVENUE, BALDWIN HILLS

Only one branch in Colorado, located at 1717 Grant Street in Denver, will close in the coming months.

Washington DC, will see two branches close:

  • 490 L STREET NW
  • 1934 14TH STREET, NW

The Wells Fargo at 814 Philidelphia Pike in Willmington Delaware is the only branch slated to close in the state.

Florida will see seven branches close:

  • 5355 TOWN CENTER ROAD, BOCA RATON
  • 1600 RIDGEWOOD AVENUE, HOLLY HILL
  • 10781 WEST FLAGLER STREET, MIAMI
  • 2090 NW 107TH AVENUE, MIAMI
  • 9860 ALTERNATE AIA, PALM BEACH GARDENS
  • 1090 HIGHWAY A1A, SATELLITE BEACH
  • 5849 OKEECHOBEE BOULEVARD, WEST PALM BEACH

Five will close in Georgia:

  • 3019 BUFORD HIGHWAY, N.E., ATLANTA
  • 8721 ROSWELL ROAD, ATLANTA
  • 590 SOUTH CENTRAL AVENUE, HAPEVILLE
  • 3325 SUGARLOAF PARKWAY, LAWRENCEVILLE
  • 5703 WATERS AVENUE, SAVANNAH

Two branches will be closed in Iowa, with another shutting in Idaho:

  • 150 FIRST AVENUE NE, CEDAR RAPIDS, IA
  • 104 WEST 2ND STREET, SUITE 1A, DAVENPORT, IA
  • 421 NORTH ORCHARD AVENUE, BOISE, ID

One branch will be closed in Minnesota and North Carolina, too:

  • 615 N 7TH STREET, MINNEAPOLIS, MN
  • ONE HAYWOOD STREET, ASHEVILLE, NC

Four Wells Fargo will close in New Jersey:

  • 50 E. CLEMENTON ROAD, GIBBSBORO, NJ
  • 36 MIDDLESEX AVENUE, METUCHEN, NJ
  • 201 CHESTNUT STREET, ROSELLE, NJ
  • 891 BRUNSWICK AVENUE, TRENTON, NJ

One will be closed in New York and Oregon, too:

  • 401 N. CENTRAL AVENUE, HARTSDALE, NY
  • 3435 S.W. 182ND AVENUE, ALOHA, OR

Two branches will be closed in Pennsylvania:

  • 101 S. MAIN STREET, PHOENIXVILLE, PA
  • 555 E LANCASTER AVENUE, SUITE 400, RADNOR

Seven will be closed in Texas:

  • 2514 SOUTHMOST ROAD, BROWNSVILLE
  • 321 UNIVERSITY DRIVE, COLLEGE STATION
  • 500 W. UNIVERSITY AVENUE, ROOM 104, EL PASO
  • 4900 E. BELKNAP STREET, HALTOM CITY
  • 12200 NORTHWEST FREEWAY, HOUSTON
  • 40 N.E. LOOP 410, SAN ANTONIO
  • 8903 WEST MILITARY DRIVE, SAN ANTONIO

One branch will be closed in Utah at 77 North State Street in Orem.

Three branches will be closed in Virginia:

  • 123 EAST MAIN STREET, CHARLOTTESVILLE
  • 251 18TH STREET S, ARLINGTON
  • 10 SOUTH JEFFERSON STREET, ROANOKE

And finally, two locations will be closed in Washington:

  • 9750 117TH LANE, KIRKLAND
  • 2358 CALIFORNIA AVENUE S.W., SEATTLE

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Also Read: The US Treasury Direct is Now Freezing Customer Accounts

Other Banking News Today

Market News Today - A Massive Bank Will Now Close More Than 50 Branches.
Market News Today – A Massive Bank Will Now Close More Than 50 Branches.

A US bank is now abruptly freezing accounts and money after a customer reported an incident involving a check deposit.

A Chase customer is reporting the bank froze their account and advised their funds would be on hold for 2-3 years while they ‘verify’ a check.

Going by the name Nooj, they explained on Reddit that they had deposited a check from their uncle and saw their account was frozen the next.

Nooj called Chase and was told the entire account was locked due to check holds, and they were advised to call back in a week to resolve the matter.

But when the time came, Nooj was told the bank account was still frozen and that they would have to once again call back for an update.

Unfortunately, on the third phone call to Chase, they were told the account would be closed in just four days if the matter wasn’t resolved, reports The-Sun.

“During the attempt to verify the check, I was informed that there was no associated phone number for my uncle in the Chase system, rendering verification impossible,” Nooj said.

“I discovered that the funds would be held for two to three years and, if not verified, sent to the state.

Despite my pleas, the representative provided no steps for verification and claimed there was nothing they could do.”

They said they were never informed that the check had to be verified until after the account was frozen and that Chase waited until after the check cleared to notify them that it would be held.

Nooj said they gave Chase their uncle’s phone number, but the bank said it wasn’t verified in its system.

“I now face months without access to my funds, causing significant stress, inconvenience, and financial hardship.

The lack of transparency in this process is deeply concerning,” they said.

“I have made upward of 20 calls, visited the branch, and filed a complaint with the CFPB in an attempt to find a path to verify the check.

“Every response I receive is that there is nothing they can do, and until they have a verified number for my uncle, they will continue to hold the funds. (Though they can’t tell me how to get his number verified).”

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Also Read: A US Bank is Now Denying Customers Access to Money

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Market News Today - A Massive Bank Will Now Close More Than 50 Branches.
Market News Today – A Massive Bank Will Now Close More Than 50 Branches.

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