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Bank of America Alert

American Banks Have Slashed

American Banks Have Slashed Another 78 Branches

American Banks Have Slashed Another 78 Branches In The Past 30 Days. American Consumers Worry If Their Money Is Safe. Leading American Banks have slashed another 78 Branches from their books in the past 6 weeks. Now consumers who bank with Wells Fargo, JPMorgan Chase and BofA are concerned. They worry about the financial stability […]

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American Banks Have Slashed Another 78 Branches Read Post »

bank branch bloodbath

Bank Branch Bloodbath Continues

Bank Branch Bloodbath Continues As Wells Fargo Closes 15 Branches And BofA Closes Seven In A Week The bank branch bloodbath continued last week as Wells Fargo And BofA filed to close 24 branches last week. US banks are in an ongoing scramble to eliminate costly brick and mortar banking locations. Wells Fargo plans to

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Bank Branch Bloodbath Continues Read Post »

Bank Branch Bloodbath

Bank Branch Bloodbath: Major Banks Close Another 19 Locations

Bank Branch Bloodbath Continues As Bank of America And Chase To Close Another 15 Locations The bank branch bloodbath continues! Bank of America filed to close nine branches with the OCC last week. Chase filed to close six more. Citizens and Trustco are each closing a branch each. Patriot and US Bank also reported one

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Bank Branch Bloodbath: Major Banks Close Another 19 Locations Read Post »

BofA and Wells Fargo

BofA And Wells Fargo Shutter Branches Across The US

BofA And Wells Fargo Shutter A Combined 36 Branches Across The US. Is The U.S. Headed Toward Another Banking Crisis? The Comptroller of the Currency is reporting that BofA and Wells Fargo have closed 21 and 15 branches respectfully since October 1, 2023. US Bank and Chase are continuing to close bank branches. So far,

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BofA And Wells Fargo Shutter Branches Across The US Read Post »

Bank of America Mortgage Production

Bank of America Mortgage Production Plummets 40 Percent

Bank of America Mortgage Production Plummeted From $14.5 Billion In The 2nd Quarter To $8.7 billion In 3rd Quarter  Bank of America mortgage production plummeted to $8.7 billion in the 3rd quarter. However, it was not all bad news. The bank delivered increases in revenues and net income in the third quarter of 2022. This

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Bank of America Mortgage Production Plummets 40 Percent Read Post »

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