Bank Branch Closures During the Pandemic

The pandemic wreaked havoc on local economies and lives, but for banks, it was an opportunity to speed up the disappearance of traditional brick-and-mortar branches and services in cities and towns across the nation.

NCRC’s new report shows that more than 4,000 physical bank branch locations have closed since March 2020. In the 20 months after COVID-19 hit, banks closed about twice as many branches as they had in the 20 months prior.

Hear from NCRC’s research team, and dig into how this is affecting our communities and what can be done to stop it.

Speakers include:

Jad Edlebi, Senior GIS Specialist, NCRC
Bruce Mitchell, Senior Research Analyst, NCRC
Jason Richardson, Director of Research and Evaluation, NCRC

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