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Bank of America closes 21 branches in ONE WEEK while Wells Fargo shutters 15 - is your local on the list?


According to the Daily Mail article you linked, Bank of America closed 21 branches in the first week of October 2023, while Wells Fargo closed 15. The article also states that the majority of the closures were in California, but branches were also closed in other states such as Kentucky, Maryland, Michigan, Massachusetts, Virginia, and Washington.

To check if your local branch is on the list, you can visit the Bank of America or Wells Fargo website and use the branch locator tool. Simply enter your address or zip code to find a list of all the branches near you. The branch locator will also indicate whether a branch is open or closed.

If you find that your local branch is closing, you may want to consider switching to a different branch or bank altogether. There are a number of factors to consider when choosing a bank, such as fees, interest rates, and the types of services offered. You may also want to consider the convenience of the branch location and the hours of operation.

Here are some tips for choosing a new bank:

  • Compare fees and interest rates on different types of accounts, such as checking accounts, savings accounts, and credit cards.
  • Read reviews of different banks to see what other customers have to say about their experiences.
  • Consider the convenience of the branch location and the hours of operation.
  • Ask about the types of services offered, such as online banking, mobile banking, and bill pay.

If you are not sure where to start, you can ask a financial advisor for help. They can help you compare different banks and choose the one that is right for you.

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