Wells Fargo Branches Closing
Bank with Wells Fargo? Pretty soon, it might be a bit harder for you to do business inside a branch. The company has announced plans to close 400 locations.
Amid decreasing rates in new checking accounts, fewer credit cards being opened and its fake account scandal, according to AL.com, drastic measures are being taken to simply stay afloat.
Closing 400 branches? Wait! That's like an average of eight branches per state.... In a company said by sources to operate over 6,000 branches? That's like 300 branches per state, huh? Oh. Closing eight per state won't hurt.