Florida Residents Take Note: Major Banks Trim Branch Network, See the Latest Closures

Ash Jurberg

Major banks continue to announce they will close locations in Florida. Check the latest list here.

Major banks continue to push customers towards online banking as they close locations across the United States.

Each week the Office of the Comptroller of the Currency (OCC) releases a bulletin of banks set to close, and the list continues to grow. According to data from the Federal Deposit Insurance Corporation (FDIC), approximately 8,000 banks were in operation in 2000, but by 2022, this figure was halved.

While some people do their banking online, many still prefer to visit a branch to conduct their finances so these closures will cause some concern to some customers.

Below are the bank locations set to close in Florida over the summer.

Florida Bank Branches closing in June

  • Fifth Third Bank. 900 Goodelette Rd North, Naples
  • Fifth Third Bank. 2911 Tamiami Trail North, Naples
  • Bank United, 6201 Central Ave, St. Petersburg
  • PNC Bank, 1700 Hihghway A1A Vero Beach Avenue, St. Petersburg
  • PNC Bank, 8901 West Atlantic Blvd, Coral Springs
  • PNC Bank, 238 S Orlando Ave, Maitland

Florida Bank Branches closing in July

  • Bank of America. 13595 South Dixie Highway, Pinecrest
  • Bank of America. 2701 South Conway Rd, Orlando
  • Wells Fargo. 3900 Silver Star Rd, Orlando
  • Seacoast NB. 622 N. Federal Hwy, Fort Lauderdale
  • PNC Bank. 6701 N Davis Hwy, Penascola
  • Fifth Third Bank, 4105 Gulf Blvd, Saint Petersburg

Florida Bank Branches closing in August

  • Wells Fargo. 12399 Sheridan Street, Hollywood
  • Bank United. 1428 Brickell Ave, Miami
  • PNC Bank. 198 Eglin Pkwy NE, Fort Walton
  • Wells Fargo. 1218 US Highway 19, Holiday
  • Wells Fargo. 5880 East Fowler Ave, Tampa

I will continue to update this list, so if you wish to be updated with the latest developments, make sure you click the follow button.

Your thoughts

Do these branch closures affect you? Will you move to online banking? Should branches stay open for people who prefer to conduct their banking in person? Do you have confidence in your local bank?

Please leave your thoughts in the comment section below and share this article on social media and with others so more people can join the discussion.

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