inside a bank branch Source: Germanii/Shutterstock.

Large nationwide or regional financial institutions across the country have been reassessing the role of their brick-and-mortar branches for years, and even more so since the coronavirus pandemic hit in 2020. And for many, it’s been deemed that many branches have simply got to go.

Wells Fargo announced in October its plans to shut down eight more branches across six states. That makes 749 physical locations the leading national bank plans to shed since the start of its initiative this past July.

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