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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