Bankrate, September 28, 2022, Digital banking in 2022: Trends and statistics
Between 2017 and 2021, 9 percent of all branch locations closed down, a loss of around 7,500 branches, according to the nonprofit National Community Reinvestment Coalition(NCRC). Many of these closures were propelled by the COVID-19 pandemic, during which the rate of branch closures doubled.
