An Unexpected Bank Now Closes Several Branches in California

May 31, 2024

An unexpected bank now closes several branches in California in one week alone according to the latest data from the OCC.

The Office of the Comptroller of the Currency has provided data showing a giant bank has now shuttered major branches in the golden state.

JPMorgan has ceased operations at 18 branch locations in various cities in California.

The US bank closures occurred in just one week alone.

Below is the full list of the bank closures in California:

2201 WESTWOOD BOULEVARD LOS ANGELES
640 3RD ST SANTA ROSA
776 EL CAMINO REAL REDWOOD CITY
44 MONTGOMERY ST SAN FRANCISCO
1099 4TH ST SAN RAFAEL
1111 S EL CAMINO REAL SAN MATEO
1888 CENTURY PARK E LOS ANGELES
2800 E COAST HWY CORONA DEL MAR
1200 STATE ST SANTA BARBARA
888 S FIGUEROA ST LOS ANGELES
73010 EL PASEO PALM DESERT
431 WILSHIRE BLVD SANTA MONICA
1200 PROSPECT ST LA JOLLA
680 HARTZ AVE DANVILLE
249 MAIN ST PLEASANTON
211 S J ST LIVERMORE
1625 THE ALAMEDA SAN JOSE
3991 MACARTHUR BLVD NEWPORT BEACH

According to official US Government data, move than 220 bank branches closed across the nation in January and February, with California being the state most impacted.

The federal regulator found Bank of America, US Bank and Citizens led the charge with the national banks accounting for nearly half of all closures.

These banking groups closed 92 locations within the space of eight weeks with 222 sites closing down during the period overall.

If banks across the United States continue to shut down at their current rate, around 1,300 will close by the end of 2024, reports GBNews.

However, Steven Reider, the founder and president of Bancography, cited the growing confidence among banks in being able to provide sufficient financial services online.

Which other bank branches have closed in California?

Below is a list of other bank giants that have closed branches in the golden state.

For U.S. Bank Branch Closure news and updates, opt-in for push notifications.

Also Read: A Massive US Bank is Now Closing Credit Cards

US Bank Branch Closures in California

Below is a list of US bank branch closures that have occurred in California this year alone:

Bank of America

Culver City, California – 294 Fox Hills Mall
Gilroy, California – 8375 Arroyo Circle
Martinez, California – 1175 Arnold Drive
Mission Viejo, California – 555 The Shops at Mission Viejo
Palm Desert, California – 72840 Highway 111
Rancho Cucamonga, California – 12434 North Main Street
Sherman Oaks, California – 14006 Riverside Drive
South Lake Tahoe – California – 2020 Lake Tahoe Boulevard
Temecula, California – 40750 Winchester Road
225 Canyon Crest Dr, Riverside
8949 Clairemont Mesa Blvd, San Diego
7404 Jackson Dr, San Diego
3591 Mission Blvd, Fremont

Capital One

Los Angeles, California – 2201 Westwood Boulevard

First Republic Bank

Corona Del Mar, California – 2800 East Coast Hwy
Danville, California – 680 Hartz Avenue
La Jolla, California – 1200 Prospect Street
Livermore, California – 211 South J Street
Los Angeles, California – 1888 Century Park East
Los Angeles, California – 888 South Figueroa Street
Newport Beach, California – 3991 MacArthur Boulevard
Palm Desert, California – 73010 El Paseo
Pleasanton, California – 249 Main Street
Redwood City, California – 776 El Camino Real
San Francisco, California – 44 Montgomery Street
San Jose, California – 1625 The Alameda
San Lorenzo, California – 18499 Hesperian Boulevard
San Mateo, California – 1111 South El Camino Real
San Rafael, California – 1099 4th Street
Santa Barbara, California – 1200 State Street
Santa Monica, California – 431 Wilshire Boulevard
Santa Rosa, California – 640 3rd Street

PNC Bank

PNC Bank. Riverside, 16920 Van Buren Blvd

US Bank

Long Beach, California – 400 Oceangate
Ventura, California – 6040 Telegraph Road

Wells Fargo

Baldwin Hills, California – 3480 South La Brea Avenue
La Puente, California – 1801 North Hacienda Boulevard
San Francisco, California – 1335 Webster Street
Vista, California – 1150 East Vista Way
Wells Fargo, West Sacramento, 1601 West Capitol Ave
Wells Fargo, Chico, 2485 Notre Dame Blvd
Wells Fargo. Beverly Hills, 315 S Beverley Dr

Also Read: A Massive Bank Now Freezes Money From Direct Deposits

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