Search results
Results from the WOW.Com Content Network
Wells Fargo has shut its doors at these 62 locations, is yours one of them?
Wells Fargo last week announced it will close eight of its local branches. The bank alerted regulators to the mass closures across California, New Jersey, North Carolina, Utah, Delaware and...
List of Wells Fargo branches closing in the coming weeks. Upcoming bank closures must be reported to the Office of the Comptroller of the Currency (OCC) through an Advance Notice of Branch...
Wells Fargo is closing 27 more bank branches in 16 states, including four in New Jersey, according to a weekly bulletin from the U.S. Office of the Comptroller of the Currency.
Bank of America closed 132 branches, while U.S. Bank closed 101 of them as of September. Wells Fargo was close behind with 92 closures, followed by 90 closures on Chase's part.
Bank of America plans to close 20 more retail branches, and Wells Fargo has recently shuttered an additional 15, as the two megabanks continue to reduce the size of their branch networks.
In the 12-month period that ended June 30, these top five banks closed a net total of 492 branches. Wells Fargo had the most active branches in 2020 and 2021, with JPMorgan Chase taking the top spot from 2022 onward.
Wells Fargo just closed two branches on Sept. 13: one in Redondo Beach, California, and the other in Richmond, Virginia. But the bank is planning to close even more branches this fall.
Wells Fargo is closing branches nationwide. When banks are closing branches, they are required to notify the U.S. Office of the Comptroller of the Currency (OCC) at least 90 days ahead of the closing date via an Advance Branch Closing Notice, according to the Comptroller's Licensing Manual.
Wells Fargo is planning to close two more branches in the Richmond area in the coming weeks, Richmond BizSense reported. The company is shutting down a branch located at 8215 West Broad Street on Oct. 18, and another at 122 East Grace Street on Nov. 1, according to the news outlet.