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Lenders keep cutting despite growing economy as customers move online

Banks Shutter 1,700 Branches in Fastest Decline on Record


By News on the Net -- WSJ——--February 5, 2018

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Banks are closing branches at the fastest pace in decades, as they leave less profitable regions and fewer customers use tellers for routine transactions. The number of branches in the U.S. shrank by more than 1,700 in the 12 months ended in June 2017, the biggest decline on record, according to a Wall Street Journal analysis of federal data. -- More...

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