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IPFS News Link • Central Banks/Banking
JPMorgan Chase to Shut Down Nearly 160 Bank Branches Across the U.S.
• Discern Report(Natural News)—JPMorgan Chase, America's largest bank, will have shut down 159 branches across the country by the end of 2023.
For Chase Bank's customers, these closures represent serious inconveniences, if not outright terrible disruptions to their lives. Services previously offered by human bank tellers and other banking professionals who used to staff these now-shuttered branches have now been replaced by automated customer service helplines. (Related: Largest banks in America have collectively cut 20K JOBS so far this year.)
Twenty states have or will be impacted by the Chase Bank branch closures. Some, like Wisconsin and Wyoming, will only have one branch closed in each state. Others have more than a dozen branches being shut down by the end of the year.