Tuesday, July 05, 2011

More bank branches closing:Weak economy, tighter rules prompt decision

The Boston Globe reports:
For the first time in 15 years, banks across the United States are closing branches faster than they are opening them, eliminating locations in Massachusetts, other parts of New England, and the rest of the country.

Bank of America, the nation’s largest bank, plans to close 1 in 10 branches nationwide by 2014
An article well worth your time.