Thread regarding U.S. Bank layoffs

46 branches closed in October

This article states 46 U.S. bank branches closed first 2 weeks of October

I’m guessing not in California? As there were over 100 branch closures last year with Union Bank acquisition. Will they close more in California you think?

https://www.dailymail.co.uk/yourmoney/banks/article-13967279/amp/us-bank-branch-closures-citizens-wells-fargo.html

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| 941 views | | 3 replies (last October 20, 2024) | Reply
Post ID: @OP+1v4VhCMl

3 replies (most recent on top)

With the sh** storm that was Union, they are for sure closing branches in 2025- two years after the acquisition - times up. Just wait for it. So many branch overlaps in California. But do they care, nope. It’s bonus time coming up, have to show the stockholders that the big execs and their minions deserve payouts .

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Post ID: @1cdv+1v4VhCMl

You can track all bank closings here : https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/2024/index-weekly-bulletin-2024.html

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Post ID: @1vsj+1v4VhCMl

46 total but only 9 were U.S. Bank

Which states were affected? Will they be closing more in California market you think?

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Post ID: @vzr+1v4VhCMl

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