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Home/Banking News/Three Massive Banks Are Now Closing 21 Branches
Market News Today - Three Massive Banks Are Now Closing 21 Branches

Three Massive Banks Are Now Closing 21 Branches

By Frank Nez
February 28, 2024
2

Three massive banks are now closing 21 branches after more than two thousand locations shut down last year, sources report.

2023 was a hard year for banks, with many filing to shut down locations with the Office of the Comptroller of the Currency (OCC), reports The-Sun.

Popular companies like Wells Fargo and Chase filed to shut down a total of 1,567 locations, an analysis by The U.S. Sun found.

For the week of February 11 through the 17, Wells Fargo, Bank of America, and PNC filed for another 21 locations to shutter soon, though the dates are unclear at the time.

According to the OCC, the following Wells Fargo locations will shut:

  • 1150 E. Vista Way, Vista, California
  • 388 Whalley Avenue, New Haven, Connecticut
  • 159 Greenwood Avenue, Bethel, Connecticut
  • 14731 Biscayne Boulevard, North Miami, Florida
  • 4285 US 1 Highway South, St. Augustine, Florida
  • 200 South Broadway, Minot, North Dakota
  • 2500 Morris Avenue, Union, New Jersey
  • 12343 Barker Cypress Road, Cypress, Texas

The same list shows these Bank of America locations will close, and the bank provided the closing dates:

  • 1501 Tilton Road, Northfield, New Jersey, closing on August 9, 2024
  • 6718 Black Horse Pike, Egg Harbor Township, New Jersey, closing on August 9, 2024
  • 6416 San Felipe Street, Houston, Texas, closing on July 9, 2024
  • 1925 Dallas Parkway, Plano, Texas, closing on August 9, 2024
  • 2015 Coit Road, Plano, Texas, closing on August 9, 2024

Finally, these PNC Bank locations will also shut, but the dates are unknown:

  • 105 W Green Street, Athens, Alabama
  • 12000 West Forest Hill Boulevard, Wellington, Florida
  • 10570 N Michigan Road, Carmel, Indiana
  • 60 Southfield Road, Ecorse, Michigan
  • 319 Pratt Drive, Indiana, Pennsylvania
  • 2401 University Boulevard, Houston, Texas
  • 600 Matamoros Street, Laredo, Texas
  • 700 San Bernardo Ave, Laredo, Texas

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

Other Banking News Today

Market News Today - Three Massive Banks Are Now Closing 21 Branches.
Market News Today – Three Massive Banks Are Now Closing 21 Branches.

$300K was now stolen from this massive bank in Texas while its ATM was being serviced, leading to a high speed police chase.

Police have arrested several people suspected of a massive ATM heist after a police chase left multiple injured.

Cedar Hill Police Department officers in Texas announced the arrest of three suspects on Friday afternoon, just hours after the theft occurred, reports The-Sun.

Earlier on Friday, police had responded to a call for help from an ATM service worker who said a pair of masked assailants had robbed him of over $300,000, according to local Fox affiliate KDFW.

The shocking theft occurred at the Bank of America on West Belt Line Road near Highway 67 in Cedar Hill.

The caller said that the thieves ran off in a black SUV after taking the money — and that’s where the police found them.

Officers from the Duncanville Police Department spotted the car in an area neighborhood and attempted to stop it, leading to a high-speed car chase across town.

The suspects were able to escape momentarily and switch cars, stealing a second vehicle from a man trying to enter his car near Highway 67 and Cockrell Hill Road.

Police again picked up the chase, leading to at least two car accidents that disabled the SUV and forced the suspects to exit the car and try to escape from police on foot.

Two suspects who tried to run from police were quickly apprehended.

A third suspect was soon picked trying to hide out in a nearby backyard.

The car chase resulted in a bystander and two of the suspects sustaining injuries that needed treatment at a local hospital.

Cedar Hill police have yet to release the names of the suspects.

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

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Market News Today - Three Massive Banks Are Now Closing 21 Branches.
Market News Today – Three Massive Banks Are Now Closing 21 Branches.

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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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  1. Frank Nez says:
    February 28, 2024 at 12:33 am

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  2. Frank Nez says:
    February 28, 2024 at 12:33 am

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