Wells Fargo closed 10 additional branches in seven states late last month, according to a recent filing with the OCC.
Bank branch closures are commonplace these days, as corporations pare down their brick-and-mortar footprint and shift toward online banking. But while Wells Fargo is certainly not thethat has shut down locations in recent months, it's notable for having closed hundreds of branches over the past several years. In fact, in 2021, it closedthan any other bank, CNBC reported. Just a few weeks ago, Wells Fargo shuttered another 10 branches. Read on to find out where the latest closures took place.
The bank cited nearby branches and reminded customers they"can use each branch and bank with us as they always have." The company added,"Branches continue to play an important role in the way we serve our customers, and we continuously evaluate our branch network in light of changing customer needs, the increase in the use of digital banking and market factors."Also included in the OCC bulletin were five other Wells Fargo branches.
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