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New Haven Biz: Space Rethink: Chelsea Groton Bank reinvents branches, hosts classes to attract in-person visits, boost business

New Haven Biz, May 2, 2022, Space Rethink: Chelsea Groton Bank reinvents branches, hosts classes to attract in-person visits, boost business

Between 2008 and 2020, more than 13,000 bank branches closed across the United States, or about 14% of branches, according to the National Community Reinvestment Coalition, based in Washington, D.C.

In Connecticut, banks closed 16% (or 211) of their branches during that same time period, Federal Deposit Insurance Corp. data shows.

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