October 14, 2026, Money, America’s Best Banks Are Competing for Customers. That’s Good News for Your Money
In-person banking is experiencing a revival, with about 110 new brick-and-mortar branches opening between October 2025 and June 2026, according to an analysis of FDIC data by the National Community Reinvestment Coalition.
That trend is growing. JPMorgan Chase is planning to open 500 new branches, with 160 coming in 2026 alone, while PNC is opening 300 new branches by 2030. Bank of America is expanding, too, with 165 new financial centers by year’s end.
But as much as Americans still appreciate in-person services, younger customers are also embracing another approach to banking. Multi-banking is the practice of managing several bank accounts across multiple financial institutions, often in one centralized dashboard or app.
