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 […]
PNC Bank Shutters 19 Branches In A Single Week. US Bank, JPMorgan Chase and Bank of America Close More Locations. Seven banks filed to another 42 branches last week. PNC Bank led the pack with 19 filings with the OCC between November 12 and November 18. Branch closures are leaving a growing number of Americans […]
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 […]
More Banks Are Shuttering Branches. Fifth Third Bank Shutters 19 Branches, Citizens Bank Closes 7 Branches and PNC Axes 3. The newest trend in banking is expanding as more banks are shuttering branches. Fifth Third Bank filed notice with the OCC last week they are closing 19 brick-and-mortar locations across the country. Unfortunately, they are […]
Class Action Lawsuit Alleges PNC Bank Knowingly Violated Fannie Mae COVID-19 Payment Deferral Agreement A lawsuit in Maryland is alleging PNC Bank breached Fannie Mae’s COVID-19 payment deferral agreement. The lawsuit states that PNC Bank continued to charge homeowners for past-due monthly principal and interest payments after they opted for the Covid-19 deferral program. The […]
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