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Banks shutter branches to cut spending and focus on digital growth

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Some of the largest banks in the country are pulling back on their physical footprints and pushing ahead with the digital experience in light of their Q3 earnings. Truist Bank, U.S. Bank and Wells Fargo — three of the top six biggest banks — are closing branch locations, or mulling the future of branches temporarily […]

Source: https://bankinnovation.net/allposts/products/retail/banks-shutter-branches-to-cut-spending-and-focus-on-digital-growth/

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