Bank of America plans to open 165 new U.S. branches by the end of 2026, including five in the Philadelphia region. Nearly 40 of these locations are expected to open by the end of this year. According to spokesman Andy Aldridge, the bank will open branches at 3843 West Chester Pike in Newtown Square and… Read more »
Posts Tagged: Branches
TD Bank is Closing More Branches
TD Bank, the U.S. subsidiary of Toronto’s TD Bank Group (NYSE: TD) based in Cherry Hill, plans to close 20 additional branches, including one in Bucks County, as part of its strategy to build the “bank of the future.” This filing with the Office of the Comptroller of the Currency brings TD’s total closures this… Read more »
Wells Fargo Closes 3 Branches in the Philadelphia Area
Wells Fargo & Co. has closed three Philadelphia-area bank branches and filed to close three more. According to filings this month with the Office of the Comptroller of the Currency, San Francisco-based Wells Fargo (NYSE: WFC), formally closed locations at 6611 Castor Ave. in the Oxford Circle section of Northeast Philadelphia, 8527 Germantown Ave. in… Read more »
Why Citizens Bank has been so aggressive in relocating branches in Philadelphia and beyond
Since the start of 2020, Citizens has relocated 26 branches across its footprint, including five in the Philadelphia region. It has applied for a total of 42, including seven more in this region. *Article courtesy of Philadelphia Business Journal For more information about Philadelphia retail space for sale or lease in Philadelphia or about any… Read more »
Citizens shuttering 15 more branches, including three in Greater Philadelphia
In a July 29 filing with the Office of the Comptroller of the Currency, Providence, Rhode Island-based Citizens (NYSE: CFG) said it plans to shutter the following locations: 2001 Market St., Philadelphia 1313 Franklin Mills Circle, Philadelphia 131 Second St., Lewes, Delaware In addition, the filings said the bank plans to close five sites in… Read more »
Santander to close 3 more Philadelphia-area bank branches
Santander Bank has filed to close three more Philadelphia-area branches as part of a broader focus on trimming its retail footprint. The Boston-based bank, a subsidiary of Spain’s Santander Group (NYSE: SAN), filed with the Office of the Comptroller of the Currency to shutter the following three sites on July 7: 95 S. Main St…. Read more »
Wells Fargo Closing 19 More Branches, Including Two in the Philadelphia Area
Wells Fargo & Co. will close 19 more branches, including two in this region, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals. The impacted branches include: 2090 County Line Road, Huntingdon Valley 8200 Roosevelt Blvd., Northeast Philadelphia Branches at 6010 W. Main St. in… Read more »
Wells Fargo Closing 21 More Branches, Including Two in the Philadelphia Area
Wells Fargo & Co. will close 21 more branches, including locations in Philadelphia and Gloucester counties, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals. The impacted branches include locations at 5119 Frankford Ave. in the Frankford section of Philadelphia and 101 Vera King Ferris… Read more »