Login

U.S. Bank to Shed Hundreds of Branches Amid Southeast Expansion

Shift to Digital Banking Helps Company Open in New Cities
U.S. Bank will open its first retail banking location at 201 S. Tryon St. in Charlotte, North Carolina's Uptown neighborhood in fall of 2019. Photo: Courtesy of U.S. Bank.
U.S. Bank will open its first retail banking location at 201 S. Tryon St. in Charlotte, North Carolina's Uptown neighborhood in fall of 2019. Photo: Courtesy of U.S. Bank.
By Clare Kennedy
CoStar News
April 25, 2019 | 1:12 AM

The nation's fifth-largest commercial bank, U.S. Bank, said it plans to close 10 to 15 percent of its existing 3,000 retail branch offices in coming years to make way for the company to renovate, relocate or open up to 80 branches.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE