bank-of-america,-pnc-bank-and-chase-close-more-branches-in-the-united-statesBank of America, PNC Bank and Chase close more branches in the United States
Avatar of Jorge Antonio Vázquez Buendía

By Jorge Antonio Vázquez Buendía

03 Feb 2024, 11:31 AM EST

Different banks will be closing branches in the United States in the coming days, including locations of Bank of America, Chase or PNC and other major banking institutions, according to a report from BestLife.

The media had access to information from the Office of the Comptroller of the Currency (OCC) of the United States, which indicates that different financial institutions plan to close around fifty bank branches. Closing dates are unclear, but federal regulations require banks to give at least 90 days’ notice before closing their stores.

Bank of America

According to the document, Bank of America will disappear 8 branches, including locations in Scottsdale and Tucson, Arizona; a couple in California in Gilroy and Temecula; and in Florida a couple of branches in Brandon and Jacksonville.

New Mexico will lose location in Albuquerque; and Portland, Oregon, will close a location in the near future.

PNC will eliminate 13 branches, including a Georgia branch in Alpharetta and a Maryland branch in Hollywood.

In Michigan, 2 locations will close, in Livonia and Pickney. In Texas they close a branch in Broaddus and the same will happen in Wisconsin, in Cudahy.

While Pennsylvania will have the most closures of any state. The bank will also close a location in East Stroudsburg and three different branches in Pittsburgh.

JPC Morgan

OCC also lists JPMorgan Chase Bank, although with only one closing in New York City at 42 Broadway.

Other major banks are also losing locations and reducing activities, such as US Bank, which is closing 9 branches in 7 states. Capital One will also close two branches in Virginia; KeyBank to disappear Bellevue, Washington location; and Huntington will cut activities in 4 locations, including a couple in Illinois, one in Michigan, and one more in Minnesota.

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