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US Bank Expands Office Closing Plan to Cover 25% of Its Branches

Nation's Fifth Largest Commercial Bank Also Plans to Pare Corporate Footprint

Notices on file with federal regulators show U.S. Bank closed 130 consumer bank branches over the week at the end of September and beginning of October. (U.S. Bank)
Notices on file with federal regulators show U.S. Bank closed 130 consumer bank branches over the week at the end of September and beginning of October. (U.S. Bank)

U.S. Bank's initiative to reduce its bank branch offices is expected to go far deeper than initially anticipated, yet another real estate byproduct of the pandemic.

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