Diaro AS, February 3, 2024, Which Banks Have Closed A Total Of More Than 40 Branches in A Week In The US And How Can It Affect You?
With less bank branches operating in the US, there are fewer opportunities for customers to do their banking in a physical location. A report by the National Community Reinvestment Coalition indicates that the presence of banking institutions has declined since the early 1980s, when the number was 18,000, to less than 5,000 in 2021.