“Banks Shut Down: The One State That Resisted the Trend in 2023”
In 2023, America saw a wave of bank branch closures with Wells Fargo leading the pack. The increasing trend towards digitization of banking services likely influenced the surge in shuttered storefronts. General Overview In 2023, the U.S. banking sector observed over 1,500 branches clocking out of the business. A noteworthy percentage of these closings had … Read more