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) and Chase.com.
According to the Chase website, the bank presently operates over 5300 branches and 15500 ATMs nationwide.
However, as banking is no longer the purview of brick and mortar locations, online banking has taken a sizable chunk of business away from thousands of U.S. branches both regional and major. One such bank being impacted by these evolving consumer habits is Chase, which in recent years has seen its branch count continue to rapidly decline at a faster rate than the building of new locations.
Three Chase bank branches in the state of California alone are scheduled to permanently shutter this month, as listed with the Office of the Comptroller of the Currency (OCC) and various media outlets.
Let us explore.
Chase Bank, 2023
Per OCC.gov, the following are the three Chase Bank closures scheduled for this month:
- 23220 Hawthorne Blvd, Torrance
- 1 Hacker Way, Menlo Park
- 150 W. Foothill Blvd, Azusa
The ongoing closures of California-based Chase 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.