Wells Fargo Is Closing Several More Branches, Starting Tomorrow

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Wells Fargo Is Closing Several More Branches, Starting Tomorrow
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Wells Fargo has been steadily reducing its brick-and-mortar locations, and the company is closing more branches starting tomorrow.

reached out to Wells Fargo about these new planned closures, and we will update this story with their response.Wells Fargo's decision to close so many branches nationwide has not been an easy one or something they"take lightly," the company told"Customers use our wide range of digital capabilities for many of their banking needs and, as a result, more transactions are happening outside the branch," a Wells Fargo spokesperson.

Nevertheless,"branches continue to play an important role in the way we serve our customers," the spokesperson added. This is not just a problem for Wells Fargo. Many major banking companies, including Santander Bank, have been closing branches across the U.S. in light of changing trends. "Like many industries, our customers' preferences have changed, with more customers choosing to bank with us online," Santander Bank said in a previous statement to."Therefore, we are reimagining the customer and employee experience by simplifying our processes, refining our branch footprint, and increasing our investment in digital capabilities to align with the evolving needs of our customers.

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