Sun Herald, September 10, 2021, A Bank Is Closing a Branch in Downtown Biloxi Despite a Petition to Keep it Open
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The sign is posted on the door and despite a petition asking to keep it open, Wells Fargo Bank’s Howard Avenue branch in downtown Biloxi will close in a few weeks.
The difficulty in hiring staff since the coronavirus — coupled with customers doing less banking in person and more on computers and smartphones — are among the reasons Hancock Whitney Bank will close six locations in South Mississippi at the end of the day on Oct. 8. It’s the trend in the banking industry.
A report from the National Community Reinvestment Coalition shows that 13,000 bank branches closed across the U.S. between 2008 and 2020 — or 14% of all branches.
