Experts reveal date that last bank branch will shut as worrying closure trend accelerates

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Experts reveal date that last bank branch will shut as worrying closure trend accelerates

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The last physical bank branch could close in a matter of years, new research has revealed. The last bricks-and-mortar bank could close as early as 2041, according to a new report from Self Financial. This date has been reached by studying the rate of net closures across the country, which has averaged 1,646 each year since 2018. Dailymail.com has reported on the alarming rate of closures, revealing the locations of weekly closures reported to the Office of the Comptroller of the Currency.
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