Category: U.S. Bank

American Banks Closed 273 Branch Locations in May

June 30, 2023
bank closuresBusiness & MarketsCompanieseconomyInvestmentMarketsonline bankingpersonal financeRegional & State NewsRegional NewsState NewsU.S. BankUSWells Fargo
0 Comment

At least 273 bank locations closed across the United States in May, while 46 opened that month. Many major banks have announced that they’re closing down branches in 2023, as more and more customers are making deposits via their phones or to keep tabs on their balances, all without leaving their homes. Others still rely on…

Read More

Yellen Says US Banks May Tighten Lending and Negate Need for More Rate Hikes

April 16, 2023
Business & Marketseconomic policieseconomyMarketsSVB Collapsetreasury secretaryU.S. Bankyellen
0 Comment

WASHINGTON—Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve interest rate hikes. Yellen said in a “Fareed Zakaria GPS” interview that policy actions to stem the systemic threat caused by last month’s…

Read More

FBI Seeks Public’s Help in Identifying San Diego Bank Robber

December 7, 2022
Bank RobberFBILocal NewsRegional NewsRegional-Local NewsSouthern CaliforniaU.S. BankUS
0 Comment

SAN DIEGO—Authorities are seeking the public’s help in identifying a suspected bank robber. Just before 4:45 p.m. Dec. 1, a lone suspect approached a teller in the U.S. Bank at 3201 University Avenue and passed a note instructing the teller to put money into a bag, according to the FBI’s San Diego office. After receiving…

Read More