Four bank branches now announce unexpected closures in Texas according to the Office of the Comptroller of the Currency.
This week alone, four more bank branches announced they were closing operations, adding to the growing number of shuttered bank buildings in the Texas alone.
Which bank branches are closing in Texas?
Below is a list of new bank branches closing in Texas according to the OCC.
- Wells Fargo. 26500 KUYKENDAHL ROAD TOMBALL
- Wells Fargo. 905 SOUTH FILMORE STREET AMARILLO
- JP Morgan. 101 NORTH BEATON STREET CORSICANA
- First NB. 1000 EAST 41ST STREET AUSTIN
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, per CBN.
More than 220 bank branches have closed in the United States within the first two months of 2024, according to official US Government data.
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.
Steven Reider, the founder and president of Bancography, cited the growing confidence among banks in being able to provide sufficient financial services online.
Which bank branches have closed in Texas this year so far?
Below is a list of bank branches that have already closed in Texas in 2024:
Bank of America
- Austin, Texas – 3900 North Interstate 35
- Houston, Texas – 6414 San Felipe Street
- Plano, Texas – 1925 Dallas Parkway
- Plano, Texas – 2015 Coit Road
First National Bank
- Buda, Texas – 15300 S IH 35.
- San Marcos. 1015 Highway 80
Capital One
- Highland Village, 4000 Waller Creek
- Plano. 2000 Preston Rd
PNC Bank
- Broaddus, Texas – 411 State Highway 147
- Houston, Texas – 2401 University Boulevard
- Laredo, Texas – 600 Matamoros Street
- Laredo, Texas – 700 San Bernardo Avenue
- Dallas, 2209 W Northwest Hwy
- Beaumont, 2635 Interstate 10
- Laredo, 2211 Guadalupe St
- Odessa, 1330 E 8th St
Wells Fargo
- Austin, Texas – 9810 North Lamar Boulevard
- College Station, Texas – 321 University Drive
- Haltom City, 4900 E. Belknap St
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Also Read: A Massive US Bank is Now Closing Credit Cards
Other Economy News Today
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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