Consumers Still Drawn To The Branches Banks Are Trying To Shut Down
PYMNTS
AUGUST 22, 2016
Which is a bit of a problem, since there are objectively fewer banks now than there were even five years ago. According to the FDIC, banking branches are at their lowest level in a decade with only 93,283 left open. Physical banks reportedly hit their peak in 2009 and have declined 6 percent since then.
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