This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets: Office of the Comptroller of the Currency (OCC), Bank Branch Locator, and Adobe Stock.
Seven major Wells Fargo bank branches in the state of California are scheduled to permanently shutter in the month of October, as listed with the Office of the Comptroller of the Currency (OCC) and various media outlets.
Let us explore.
Wells Fargo, 2023
For a national perspective, per BankBranchLocator.com: Wells Fargo Bank was founded in January 1870 and is based in Sioux Falls, South Dakota... Wells Fargo Bank currently operates with 4598 branches located in 37 states. The bank has most branches in California, Texas, Florida, New Jersey and North Carolina.
In October, per OCC.gov, the following seven California-based Wells Fargo Bank branch closures will take effect:
- 116 Sunset Dr, San Ramon
- 103 East Stetson Ave, Hemet
- 1565 East Highland, San Bernardino
- 118 E. Carillo St, Santa Barbara
- 1071 El Camino Real, Redwood City
- 303 N. El Dorado St, Stockton
- 42420 Washington Ave, Bermuda Dunes
BankBranchLocator.com also details the following information regarding Wells Fargo Bank: The bank operates as a subsidiary of Wells Fargo & Company. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Wells Fargo Bank is classified as a commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC).
The ongoing closures of California-based bank branches is a developing story. In the event of pertinent updates to these matters, inclusive of other closings and official announcements of target dates, I will share them here on NewsBreak.
Thank you for reading.