They called it the "Great Consolidation," a wave of bank branch closures during the pandemic that seemed to herald a new age of digital banking that would turn your favorite local vault into a relic from a bygone era.
Well, we just got an overdraft notice on that gloomy outlook: The pandemic is over-CDC is about to cancel its five-day isolation guideline if you catch COVID-and bank branches are popping up all over the place, especially in the Sun Belt.
Two of the nation's largest banks this month announced massive expansions of their already huge U.S. branch footprints.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
