Changes in the Banking Landscape: North Carolina to See Multiple Branch Closures This Summer

Ash Jurberg

Several major banks are closing locations in North Carolina. Check the list below for the latest closures and to see if you will be impacted.

The number of bank locations closing across the United States continues to increase as major banks push customers toward online banking.

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. The banks are required to provide 90 days advance notice of a location closing.

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 North Carolina over the summer.

Banks Closing in North Carolina

  • Wells Fargo. 2816 Ward Blvd, Wilson
  • Wells Fargo. 124 East Main Street, Jamestown
  • PNC Bank. 1417 Patton Ave, Asheville
  • Wells Fargo. 2000 South Hawthorne Rd, Winston-Salem
  • Wells Fargo. 211 Elkin Hwy, North Wilkesboro
  • Wells Fargo. 1527 West Morehead Street, Charlotte
  • Wells Fargo. 100 Beatties Ford Rd, Charlotte.

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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