DOZENS Of Bank Branches Have Filed To Close In Just One Week…

 

In only one week this month, over 60 major bank branches filed to close, the most recent in an increasing trend of banks closing physical facilities.

ZeroHedge said that U.S. Office of the Comptroller of the Currency data showed that 64 branches filed to close between November 12 and November 18.

The sixth-largest bank in the nation, PNC Bank, had the highest number of closures despite recent cost-cutting measures.

PNC filed to close 19 branches in eight states: Texas, Alabama, New Jersey, Indiana, Ohio, Florida, and five in Pennsylvania. There are also four facilities in Illinois.

During PNC’s second-quarter earnings call, CEO William Demchak said the bank is “going to have to take a hard look” at where it can “generate savings … without cutting the potential for growth.”

PNC also announced last month that it was reducing its headcount by 4%. The bank plans to reduce spending by $725 million in the upcoming year, having already closed several branches this year.

The growth of online banking is one factor contributing to the closing of branches. Since more customers stayed at home and used their bank’s website or mobile app to conduct business, the number of bank locations closing during the pandemic more than doubled.

Approximately 7,500 bank branches, or 9% of all physical sites, closed between 2017 and 2021, according to a National Community Reinvestment Coalition analysis.

S&P data shows that 2,054 bank branches closed in total last year.

Closing physical bank branches may save banks money, but it has also resulted in areas where the nearest bank is far away or banking deserts for consumers. Numerous additional unexpected consequences could result from this, including a drop in small company loans and the loss of a commercial tenant and employer in the neighborhood.

Also, when there are fewer branches in the area, more people use “alternative financial services that open them to unregulated and predatory financial practices,” a report from the National Community Reinvestment Coalition said.

It is anticipated that PNC will do 60% of its banking operations online as a result of the closures.

During the week of November 12, JPMorgan Chase was the bank that filed the second-most branch closure requests. The bank filed to close 18 locations in 14 states, including Ohio, Connecticut, and New York.

Six of the eight locations that Citizens Bank filed to close are located in New York.

Three of U.S. Bank’s seven locations, including those in Tennessee, are set to close.

Five locations—two in New York, one each in Texas, Massachusetts, and California—are to close, according to a Bank of America filing.

Citibank made a request to close two locations.

A number of other banks, including Windsor Federal Savings & Loan Association, Bremer, First National Bank of Hughes Springs, Sterling, and Aroostook County Federal Savings & Loan Association, filed to close one branch each.

 

 

 

=====================================================================================

We, as conservatives, are always saying that we want to see change but don’t know how to make that happen.

Well, one way to stop it is by not funding it.

Every single time you purchase detergent from Walmart, deodorant from Walgreens, or snacks from Food Lion, you are funding the liberal agenda.

I know it sounds harsh, and I don’t know about you, but I am sick and tired of it.

I am sick of seeing my money go to everything I despise.

That is why I was so glad to find the Public Square app that opened my eyes up to all the patriots out there with stores to shop from that had the same beliefs as I did.

But I also wanted a one-stop shop to start shopping at—you know, that one place that would have everything I needed for my household plus some extras.

I found it, and I had to share it with you!

Pro-American…

Pro-Freedom…

Pro-Liberty…

And happy to do business with Conservatives!

Plus, they’ve been at it for more than three decades!

Everything about them, from design to production to storage and delivery, is 100% American.

Their founder was even included in Obama’s “Most Dangerous Conservatives” list.

After learning those specifics, I knew I had arrived at my destination.

Why, then, have you not heard of them?

Simply put, they don’t advertise at all.

They prefer to stay off the radar.

Everything is personal invitations only.

That’s how they keep out the bad actors.

But now that I’m working with them, I can get you in, and we can change the world together!

I can’t promise you you’ll get a call immediately, but I can promise to get you in the queue!

So many people have written in to say they want to help us with this endeavor.

And it’s fantastic!

The only catch is that I only have a small team, and so many people are reaching out for invites that we are completely swamped.

I sort of thought that would happen but wasn’t sure about it.

And it’s freaking cool!

However, this only means that your “white glove” concierge response may take a little longer to arrive.

We are making progress, but there is a significant backlog.

So bear with me if you would.

Companies that actively want our extinction should not receive any of our hard-earned money.

They came out and said they aimed to cut the global population in half, from 8 billion to 500 million.

They want to get rid of 94% of the world’s population right now.

Still, we keep spending our money on their large box businesses because we have few other options.

But that’ll all change today.

Allow me to introduce you to the solution.

It’s time to make the “Big Box Switch” and change where you send your dollars each month.

All of that is real, and I’m so excited to tell you about it. I hope you’ll join the mission with me.

Here’s a quick summary of this company that I’m so excited to now be partnered with on this mission:

Sound good to anyone else?

I can get you in, but you can’t just go sign up.

They only want people on the same mission to join, and they’re happy to say “no” to the Far-Left Libs!

They’ve been doing it for 37 years, and it’s been working great.

Oh, and did I mention the products are non-toxic and don’t have all the chemicals and crap like Red Dye 40 that all the big corporations put in their products to weaken you?

To wear you down?

To make you—and your family—sick?

Because then, when you get sick, you’ll buy their drugs!

Sorry folks, I don’t play that game, and neither does my family.

We’re talking about the last all-natural, grass-fed, no-hormone, massive Black Angus beef cattle ranch in the United States.

Sound good?

We’re talking fluoride-free toothpaste, chemical-free cleaners, and Deet-free mosquito repellant!

What novel concepts, right?

Stop sending your money to these 11 corporations that do not have your best interests at heart.

 

It’s an illusion of choice.

There’s only one pro-American, American-made and manufactured, chemical-free, toxin-free, hormone-free company left, and I’m teaming up with them to FIGHT BACK!

Who’s with me?

If you’d like to find out more and get a FREE personal invite, just go here:  https://bigboxswitch.com/switchwithsassy

Say to them Tell them Sassy sent you, and they’ll give you a call, text, or email in return.

Just chill out when that happens.

If you seek a Free Invite (Link here: https://bigboxswitch.com/switchwithsassy), someone from the inner circle will contact you—and I know how unnerving it may be to get a text message from a number you don’t recognize.

You’re going to have a great time chatting with these people, in my opinion.

And they will assist you in setting everything up.

Who else is sick of ingesting arsenic, cadmium, and lead and is ready to do something about it?

– Sassy

P.S. Since we give each inquiry our undivided attention, we’ll handle them in the order they’re received. If you want in on the fun, you should probably ask for an invitation before it gets too long. My crew is fantastic, but we have limited capacity and operate on a first-come, first-served basis.

Sassy Liberty

Sassy Liberty is a political writer for the better part of a decade. She has been vocal for years on social media concerning the communist agenda that has infiltrated our country. She is an advocate for medical freedom, homeschooling, and defunding the woke culture. Do you want to stop the war on kids and defund the commie agenda? msha.ke/danielledeperi

More Reading

Post navigation

Leave a Comment

Leave a Reply

Daily Headlines