Bank branch closures reach highest level in two decades

Banks are rapidly shrinking their retail real estate footprint by closing branches. More than 100 bank branches have closed or are set to close across New York City this year, Crain’s reported, citing filings with federal and state regulators. That level of retreat is the largest in more than two decades. The pullback is a blow to a sector that was already suffering as more consumers ride out the pandemic at home. Popular Bank is

source https://therealdeal.com/2020/11/09/bank-branch-closures-reach-highest-level-in-two-decades/