@UJM
I have no idea what locale you are in, but th3e opposite is the national trend.
My town in Southern Connecticut has lost 7 retail bank branches in the last 5 years (in a growing healthy town,
Chase Bank has cut hours and days in Fairfield County branches still open. HSBC withdrew from the market and CitiBank closed 90% of CT branches.
I am on both the Town and regional Economic Development Commission. The internet, mobile apps and now the Pandemic has destroyed most in person retail banking.
I don’t know when I last used cash for anything. If I receive a chedk, I taker a picture with my iPhone and deposit it that way.
Mrs. CTL and I just bought a property and handled the mortgage 100% by email and used esign to close. No trip to the bank needed.
There is an application at our P&Z Commission tomorrow evening to turn a closed bank branch (closed 5 years ago and no other bank wanted it) into a pharmacy with a drive thru lane. Our town doesn’t usually allow drive thru window at businesses, but this will pass. We have too many empty bank buildings.
Last month People’s United Bank announced they would not renew leases for their branches in CT Stop and Shop supermarkets, Lack of interest caused by change of shopping habits