Sunday, 3 May 2015

Banks continue to trim costs and adapt to a mobile world

From Banking Exchange -

“The U.S. saw 332 net bank and thrift branch closures in the first quarter as banks continue to trim costs and adapt to an increasingly mobile world.

From April 1, 2014, through March 31, 2015, the country's banks and thrifts opened 1,023 branches and closed 2,464 for a net loss of 1,441 branches. These totals exclude credit unions.

With 38 net closings, PNC Financial Services Group Inc. was the leading branch closer in the most recent quarter. Over the past four quarters, the bank had 55 net branch closures.”


Website Statistics mortgage payment calculator