An Unexpected Wave of Bank Branch Closures Now Hits Texas

An unexpected wave of bank branch closures now hits Texas according to fresh data from the Office of the Comptroller of the Currency.

Bank branches continue to close across the state of Texas, as more giants shift towards online demand.

Each week the Office of the Comptroller of Currency releases a list of locations set to close.

Banks in Texas announced they were closing operations, adding to the growing number of shuttered physical bank branches in the state.

Two locations were closed this week, and another was added to the closure list.

  • Bank of America. 3900 N Interregional, Austin (closed)
  • Bank of America. 1889 Brown Blvd, Arlington (closed)
  • Broadway NB. 8201 Preston Rd, Dallas

Which bank branches have closed in Texas this year?

Below is a list of bank branches that have closed in Texas in 2024 so far:

Bank of America

  • 3900 North Interstate 35, Austin
  • 6414 San Felipe Street, Houston
  • 1925 Dallas Parkway, Plano
  • 2015 Coit Road, Plano
  • 2000 East Lamar, Suite 100, Arlington

Capital One

  • 4000 Waller Creek, Highland Village
  • 2000 Preston Rd, Plano

First National Bank

  • 15300 S IH 35, Buda
  • 1015 Highway 80, San Marcos
  • 1000 East 41st St, Austin

JP Morgan

  • 101 North Beaton St, Corsicana

PNC Bank

  • 411 State Highway 147, Broaddus
  • 2401 University Boulevard, Houston
  • 600 Matamoros Street, Laredo
  • 700 San Bernardo Avenue, Laredo
  • 2209 W Northwest Hwy, Dallas
  • 2635 Interstate 10, Beaumont
  • 2211 Guadalupe St, Laredo
  • 1330 E 8th St, Odessa

Wells Fargo

  • 9810 North Lamar Boulevard, Austin
  • 321 University Drive, College Station
  • 4900 E. Belknap St, Haltom City
  • 26500 Kuykendahl Rd, Tomball
  • 905 South Filmore St, Amarillo
  • 12343 Barker Cypress Rd, Cypress

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

Other Economy News Today

Market News Today - An Unexpected Wave of Bank Branch Closures Now Hits Texas.
Market News Today – An Unexpected Wave of Bank Branch Closures Now Hits Texas.

A banker is now convicted for stealing money from customers while working at Bank of America over a 10-year period.

The personal banker was arrested after her years-long scam, resulting in nearly $300,000 being stolen, came to light.

Police in Seneca, South Carolina said they received a report in 2013 about missing money from an account with Bank of America.

The victim, who also reported the incident to the Customer Service department, told police he was missing around $30,000.

Investigators worked with Bank of America for several weeks after the crime was reported and learned that an employee who had been stealing money from several people in Oconee County.

The police said the victims would use the Bank of America location in Seneca as their primary bank and Bobbi Cortese was their personal banker.

Seneca Police investigators and the US Secret Service spent nearly a decade doing more interviews.

Meanwhile, Bank of America was given time to complete an internal investigation.

It was revealed that Cortese had stolen nearly $300,000 from four people while working at the bank.

Some of the money was in the victims’ bank accounts for life insurance payouts related to the deaths of their spouses.

Others had a lifetime of earnings that was supposed to be used for their retirement, said police.

Cortese would open accounts under the victims’ names without their knowledge or consent and would perform a “shell game.”

This is when a scammer uses the money from one victim to replace what she stole from another victim.

After investigating further, police said Cortese forged several documents and issued them to the victims to hide the theft.

She committed these acts for about four years while working at the Bank of America, said police.

Cortese was arrested in May 2023 and charged with four counts of breach of trust and two counts of forgery.

She was later fired by the bank, reports The-Sun.

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

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Market News Today - An Unexpected Wave of Bank Branch Closures Now Hits Texas.
Market News Today – An Unexpected Wave of Bank Branch Closures Now Hits Texas.

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