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FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

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Home/Banking News/Unexpected Bank Branches in Pennsylvania Now Shutter
Market News Today - Unexpected Bank Branches in Pennsylvania Now Shutter

Unexpected Bank Branches in Pennsylvania Now Shutter

By Frank Nez
November 25, 2023
2

Unexpected bank branches in Pennsylvania now shutter according to new data from the Office of the Comptroller of the Currency (OCC).

Pennsylvania-based PNC Bank continues to push customers toward online banking as they close locations across the United States, reports Ash Jurberg.

“Today, PNC Bank announced it will close 19 more locations across the United States, including five in Pennsylvania.

They are expected to close in February.”

Last month, PNC Bank announced that several layoffs would occur within the business.

PNC employs over 60,000 people nationwide and is one of the largest financial businesses in the U.S.

However, it has now followed suit with the rest of the banking industry in eliminating banking positions.

Below is a list of the most recent bank closures scheduled to take place in Pennsylvania:

  • PNC Bank. 202 N Walnut St, Bath
  • PNC Bank. 301 West Trenton Ave, Morrisville
  • PNC Bank. 14 N Main St, Plains
  • PNC Bank. Two North Mill St, New Castle
  • PNC Bank. 1969 E 3rd St, Williamsport

“We make decisions to close branches as customer needs evolve,” said PNC in a statement.

“As always, we will continue to invest in — and optimize — our branch network alongside our other core banking channels to serve our customers in the most effective way we can.”

CNBC reports that “according to the National Community Reinvestment Coalition, one-third of the branches closed from 2017 to 2021 occurred in areas that were predominately lower-income and minority areas.”

And according to data from the Federal Deposit Insurance Corporation (FDIC), approximately 8,000 banks were in operation in 2000, but by 2022, this figure was halved.

Also Read: Massive Layoffs in California Now Underway Prior to Holidays

Other Banking News Today

Market News Today - Unexpected Bank Branches in Pennsylvania Now Shutter.
Market News Today – Unexpected Bank Branches in Pennsylvania Now Shutter.

A US bank is now stealing customers money in what appears to be a blatant fraud scheme that locks users from their accounts after making deposits.

Green Dot Bank is now facing fraud allegations from various customers who have been locked out of their account from several weeks to even months.

A Green Dot Bank customer who wishes to remain anonymous reached out to FrankNez to share their story.

“I found your info after reading your blog on the Green dot bank pending lawsuits.

I opened my account in June and received deposits in July through August totaling 2300+ dollars.

It’s October and I still haven’t received my money, I was even assigned a case number, gained access to the account after rigorous verification questioning only to be locked out of my account again and call disconnected because I couldn’t recall an old email on my account after they had been on the phone with me for close to an hour.

I’ve had no choice but to contact FDIC because I’m injured can’t work and I’m backed up in bills.”

Many customers are having difficulty receiving a direct response from the bank’s customer service department, with many claiming to have been given the runaround.

“It been a month and I still haven’t been able to get my money from Walmart green dot. I have asked for a replacement card 4 times and haven’t got a card yet. My rent is due for last month and this month. I think they’re trying to keep my money,” says Marzell Land, another Green Dot Bank victim.

Customers affected by Green Dot Bank fraud should report to the FDIC and Better Business Bureau.

Scammers have lent out ‘support’ emails on forums meant to trick users into contacting the bank’s support team — these are fake.

Also Read: The US Treasury Direct is Now Freezing Customer Accounts

Market News Published Daily 📰

Market News Today - Unexpected Bank Branches in Pennsylvania Now Shutter.
Market News Today – Unexpected Bank Branches in Pennsylvania Now Shutter.

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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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Other Articles
Market News Today - Massive Banks in Illinois Are Now Closing Down
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Massive Banks in Illinois Are Now Closing Down

Market News Today - A New List of Massive Bank Closures Now Hits California
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A New List of Massive Bank Closures Now Hits California

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  1. Frank Nez says:
    November 25, 2023 at 6:05 pm

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  2. Frank Nez says:
    November 25, 2023 at 6:04 pm

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