2009 Bank Closure Community Banks 
PYMNTS
MARCH 9, 2020
’s latest numbers on the topic revealing the lowest level of underbanked individuals since the survey began in 2009. At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Branch Deserts.
PYMNTS
NOVEMBER 18, 2019
Bank failures increased dramatically in the last financial crisis, rising from 25 in 2008 to 140 in 2009. Resolute Bank in Maumee, Ohio closed on Oct. 25 and was assumed by Buckeye State Bank in Powell, Ohio. Louisa Community Bank of Louisa, Kentucky also shuttered on Oct. It had one branch with $27.1
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