What to Do When Your Bank Branch Closes
Filed under: Banking, Personal Finance
In the past year, banks and thrifts have closed more than 750 branches in the U.S., with 43 states seeing more closures than openings. The methods that banks use to manage and move the accounts of their affected customers vary depending on the reason for the closure, and by bank, but even people who rarely step foot into their local branch should take notice.
“It’s rare that you’ll have a bank location that becomes a restaurant or a gas station,” says John Hall, senior vice president of…
What to Do When Your Bank Branch Closes originally appeared on DailyFinance.com on 2012-08-04T06:15:00Z.
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