Bank of America, Chase, PNC and more close 41 branches in a week – is yours affected?

Several major banks have shuttered more than 40 branches across the U.S.
PNC, Fifth Third, J.P. Morgan Chase, Capital One, U.S. Bank and Bank of America are closing several of their brick-and-mortar locations, according to data from the Office of Comptroller of the Currency.
One reason for the closures, of which there’s been over 10,000 since 2019, could be customers opting to utilize the companies’ online banking options. Customers affected by their local branch closure have options, including discovering more about their bank’s online services and finding branch locations are retailers near them.
The practice became popular during the COVID-19 pandemic and continues to thrive today.
PNC is closing 13 locations in Texas, Illinois, Alabama, Wisconsin, Michigan, Pennsylvania, Georgia, Maryland and Kentucky.
READ MORE: My bank is closing – what does this mean for my money and what should I do?
Fifth Third and U.S. Bank are each shutting down nine branches across Ohio, Michigan, Illinois, North Carolina, California and Nevada, among others states.
Eight Bank of America locations will be out of operation in Oregon, Florida, Arizona, New Mexico, and California
Chase is closing one location in New York, while Capital One is closing two branches in Virginia.
Though branches are closing, some are establishing new locations as well. Chase has new branches opening in Georgia, Florida, Kansas, Ohio and Kentucky.
U.S. Bank, Bank of America and Fifth Third all have branches opening in Illinois, Colorado and Florida, respectively.