PNC Bank shutters 19 branches in a single WEEK as US Bank, JPMorgan Chase and Bank of America also close locations – is your local affected?
- PNC notified the regulator last week of 19 upcoming bank branch closures
- Citizens Bank targeted six branches in a handful of cities in New York State
- Although Chase filed to close four, it also said it would open 12 new locations
Seven banks filed last week to close 42 branches, leaving a growing number of Americans with limited access to basic financial services.
PNC Bank filed 19 files with the regulator between November 12 and 18.
Of those closures, five will impact Pennsylvania. Four were registered in Illinois and three in Texas, according to data published by the Office of the Comptroller of the Monet (OCC).
US Bank announced the second-highest number of closures and notified the agency of plans to eliminate seven locations – three of which are in Tennessee.
Between November 12 and 18, PNC Bank applied to close 19 bank branches across the country
JPMorgan Chase requested to close four branches, but offset these closures by notifying the OCC of plans to open an additional twelve branches.
Citizens Bank has filed to close six branches, all of which are in New York State.
Bank of America and JPMorgan Chase said they would each close four locations, while Huntington and Sterling each reported just one closure.
In October, Huntington filed to close 26 locations in the Midwest.
According to its website, Starling Bank and Trust has nearly 30 branches, most of which are in California.
Although Chase filed to close four branches, it more than offset the closures by notifying the OCC of plans to open twelve more. The only other bank to notify the regulator of a new branch was First National.
When most banks close a branch, they must notify the regulator, the OCC.
In a statement to DailyMail.com, an agency spokesperson said: “The OCC understands the importance of bank branches and is committed to supporting access to banking services in all communities.”
The watchdog also noted that while banks and credit unions must notify the “primary regulator of closures,” the law requiring them to do so does not allow the regulator to object.
In October, Huntington filed to close 26 locations in the Midwest. Pictured is a branch in Pittsburgh, Pennsylvania
Sterling Bank has filed to close just one branch in San Francisco, P
This year alone, a total of 1,144 national and regional banks in 49 states closed between Jan. 1 and July 31, according to S&P data reviewed by DailyMail.com.
These latest closures come after an exclusive DailyMail.com poll found that 51 percent of consumers said they were very or somewhat concerned about the declining number of bank branches.
The study also found that physical services were less accessible to Black Americans. While 14 percent of black Americans said they don’t have a local chapter, only 8 percent of white Americans did.
Are you affected by the closure of bank branches or can you arrange your financial affairs online? Write us an email at money@dailymail.com.
Bank | City | Stands | Place | ||
---|---|---|---|---|---|
PNC | Mobile | ALREADY | 321 Bel Air Blvd | ||
PNC | Montgomery | ALREADY | 2811 Eastern Blvd | ||
PNC | Gainesville | FL | 1140 N Main Street | ||
PNC | Country | IL | 5650 South Brainard Ave | ||
PNC | Bloomington | IL | 2217 W Market Street | ||
PNC | Jumping field | IL | 1949 E Sangamon Ave | ||
PNC | Wauconda | IL | West Liberty Street 505 | ||
PNC | Indianapolis | IN | 8733 US Highway 31 South | ||
PNC | Had Heights | N.J | 528 Stationlaan | ||
PNC | Orange | N.J | 410 Main Street | ||
PNC | Columbus | OH | 1040 Mount Vernon Ave | ||
PNC | Bath | FATHER | 202 N Walnut St | ||
PNC | Morrisville | FATHER | 301 West Trenton Ave | ||
PNC | Plains | FATHER | 14 N Main Street | ||
PNC | New castle | FATHER | Two Noordmolenstraat | ||
PNC | Williamsport | FATHER | 1969 E 3rd St | ||
PNC | Harlingen | TX | 115 E Van Burenlaan | ||
PNC | Harlingen | TX | 407 S Handel St | ||
PNC | Mesquite | TX | 801 W Kearney St | ||
American bank | Bolingbrook | IL | 755 East Boughton Road | ||
American bank | St Louis | MO | 615 Nieuwe Ballasweg | ||
American bank | Owensville | OH | 375 West Main St | ||
American bank | Decherd | TN | 1910 Decherd Blvd | ||
American bank | Knoxville | TN | 7608 Mountain Grove Drive | ||
American bank | Powell | TN | 7350 Clinton Highway | ||
American bank | Menomonee Falls | WI | N56 W17000 Ridgewood drive | ||
Citizens | Rochester | N.Y | Buffelweg 2345 | ||
Citizens | Canandaigua | N.Y | 5150 North St | ||
Citizens | Depew | N.Y | 4777 Transit Road | ||
Citizens | Hamburg | N.Y | 4250 McKinley Park Road | ||
Citizens | N. Tonawanda | N.Y | Weidelaan 301 | ||
Citizens | Cheektowaga | N.Y | 3865 Unieweg | ||
bank of America | Highland | CA | 40 West Foothill Blvd | ||
bank of America | Brain tree | MA | 250 Granite St | ||
bank of America | New York | N.Y | 72 Second Ave | ||
bank of America | Coppell | TX | 780 South Macarthur Blvd | ||
JPMorgan Chase | Green wich | C.T | 3A Pickwick Plaza | ||
JPMorgan Chase | Green wich | C.T | Greenwichlaan 197 | ||
JPMorgan Chase | Woodstock | IL | 200 Eastwood Drive | ||
JPMorgan Chase | Rochester | N.Y | 500 Joseph C Wilson Blvd | ||
Huntington | Youngstown | OH | Federal Square 23 | ||
Sterling | San Francisco | CA | 1900 Fillmore St |