Commercial Observer, March 28, 2022, Bank Branches, Once Retail Staple, Closing by the Hundreds
“There’s a surprising lack of information and data on how many branches banks really need right now,” said Jason Richardson, senior director of research at the National Community Reinvestment Coalition (NCRC), which recently released a report digging into bank branch trends and their impact on the financial future of communities. “We’ve seen a precipitous decline since the pandemic started, and I don’t know what a bottom looks like to this.”
