Banks are continuing a trend of shutting down branches, with more institutions closing their doors recently.
Banks have been closing locations due to increased online banking, underperforming branches, redundant locations, and other issues.
This means customers should verify whether their nearest location is still in operation before opening a new bank account or performing any in-branch transaction. Here is a list of recent closures.
The ultra-rich have also been investing in art from big names like Picasso and Bansky for centuries. And it's for a good reason: Contemporary art prices have outpaced the S&P 500 by 136% over the last 27 years. A new company called Masterworks is now allowing everyday investors to get in on this type of previously-exclusive investment. You can buy a small slice of $1-$30 million paintings from iconic artists, all without needing any art expertise. If you have at least $10k to invest and are ready to explore diversifying beyond stocks and bonds,see what Masterworks has on offer. (Hurry, they often sell out!)Steal this billionaire wealth-building technique
California
Bank of America
- 2101 W. 6th St., Los Angeles
Bank of America already closed locations in California earlier this year.
Want to learn how to build wealth like the 1%? Sign up for Worthy to get ideas and advice delivered to your inbox.
Colorado
J.P. Morgan Chase
- 16750 E. Quincy Ave., Aurora
- 160 W. 65th St., Loveland
Customers of the Loveland branch and Aurora branch will still have access to modified services such as ATMs.
Georgia
Bank of America
- 1674 Monroe Drive N.E., Atlanta
- 3985 Sugarloaf Parkway, Lawrenceville
An announcement on Bank of America’s website notes that it expects to close the Atlanta location in early December. The Lawrenceville branch has plans to close in early December as well.
Secret: You don't need thousands of dollars to buy thousand-dollar stocks or create a diverse portfolio. Robinhood offers a method of investing called “fractional shares.” On its own, one share of a single stock could cost a lot of money, making it difficult to diversify. Robinhood allows you to buy pieces of stock instead, so you have the option to build a diverse portfolio quickly. Let’s say you want to invest $250, as an example. With that amount, you could build a relatively diverse portfolio with an investment of $50 in a big tech stock, $50 in a retail stock, $50 in an energy stock, $50 in a manufacturing stock, and $50 in a bank.1 Even better news? Add a Robinhood Gold membership, and you’ll get access to 5.00% APY2on your uninvested cash3and the ability to buy and sell stocks 24 hours a day, 5 days a week. Open and fund a Robinhood account and earn up to $200 in stockGet a free stock valued between $5 to $200
Illinois
Bank of America
- 3210 W. Illinois Route 60, Mundelein
- 240 N. Randall Road, Lake In The Hills
Customers in Mundelein have until January to make other arrangements before their bank is closed, including accessing their safe deposit boxes.
Missouri
Bank of America
- 3100 Main St., Kansas City
The Bank of America location on Main Street is expected to close its doors for a final time on Dec. 10.
Trending Stories
New Jersey
Fulton Bank
- 1460 East Route 70, Cherry Hill
- 514 N. Kings Highway, Cherry Hill
- 1302 Route 38, Hainesport
- 195 N. Greentree Road, Marlton
- 153 Bridgeton Pike, Mullica Hill
- 178 E. Greentree Road, Marlton
- 1101 Tilton Road, Northfield
- 201 E. 9th St., Ocean City
- 303 Egg Harbor Road, Sewell
- 6 Haddonfield-Berlin Road, Voorhees
- 201 N. Route 73, West Berlin
New Jersey was hit the hardest by Fulton Bank's recent closures. In a statement, the company said it was closing branches due to overlapping service areas after it acquired Republic Bank.
Nevada
Flagstar Bank
- 100 W. Liberty St., Reno
The Flagstar Bank location in Reno has already been shut down, so customers who typically use that branch will have to find other options.
New York
Bank of America
- 900 Third Ave., Manhattan
First National Bank of Long Island
- 227 Smith St., Brooklyn
- 23-88A Bell Blvd., Bayside
- 23-25 31st St., Astoria
- 234 Main St., East Setauket
Santander Bank
- 83-20 Roosevelt Ave., Jackson Heights
First National Bank of Long Island closed all of its branches in the boroughs of New York City except East Setauket on Long Island.
Pennsylvania
Fulton Bank
- 2100 Street Road, Bensalem
- 1220 N. Broad St., Philadelphia
- 8000 Frankford Ave., Philadelphia
- 1701 John F. Kennedy Blvd., Philadelphia
- 212 E. Lancaster Ave., Wayne
The Fulton Bank locations, which are closing in Philadelphia, share a home state with the financial institution, as Fulton Bank is based in Lancaster.
This powerful combination checking + savings account from SoFi® allows you to earn up to a $300 bonus with direct deposit and grow your money with up to 4.20% APY.4 This is one of the top accounts we’ve seen, and offers like this can be rare. You work hard, and now it’s time to make your money work for you — with SoFi, you can grow your money with hardly any effort! SoFi has no account or overdraft fees5 and additional FDIC insurance up to $2 million on deposits is available through a seamless network of participating banks.67 Plus, you can receive your paycheck up to 2 days early.8 How to earn up to $300: Sign up and make a direct deposit within the first 25 calendar days of the promotional period, then collect a $300 cash bonus with a direct deposit of $5,000 or more. SoFi is a Member, FDIC. 7 Open your SoFi account and set up direct deposit
Earn up to a $300 bonus and grow your money with up to 4.20% APY
South Carolina
Bank of America
- 104 Regency Drive, Columbia
Bank of America announced on its website that it expects to close the Columbia location in early December.
Texas
Moody
- 2940 Broadway Bend Drive, Pearland
Moody Bank is a Texas bank with 14 locations in the state after the closure of the Pearland location in August.
Utah
Zions Bancorporation
- 614 East Center St., Midvale
- 45 North Main St., Huntington
Zion Bancorporation has branches in 11 western states, and its headquarters is in Salt Lake City.
Washington
Bank of America
- 14440 124th Ave. NE, Kirkland
- 1201 Madison St., Seattle
Kirkland residents should expect their branch to shut down in early December, while Seattle customers will be able to wait until January before their branch closes.
Bottom line
Banks continue to close across the country, but you can still bank online or find other branches to visit if your local branch shuts down.
Local branch closings are not likely to affect your rewards credit cards or other financial products, but you might want to use the closing of your branch as a chance to review your banking decisions.
Masterworks Benefits
- Invest in art like a millionaire for a relatively low cost
- Art investments have outperformed the S&P 500 by over 131% for 26 years
- Purchase shares of artwork by top artists
- Hedge against inflation and diversify your portfolio
Paid Non-Client Promotion
FinanceBuzz doesn’t invest its money with this provider, but they are our referral partner. We get paid by them only if you click to them from our website and take a qualifying action (for example, opening an account.)
Subscribe Today
Want extra-cash moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.