The Seattle Times, November 2, 2022, Some Seattle banks thrived in pandemic by axing single-family loans
Meanwhile, pressure to control costs, combined with a lingering pandemic labor shortage and the popularity of online banking, has accelerated a trend toward branch closures. (About 45% of customers prefer mobile banking, according to a new industry survey.)
Seattle alone lost at least 87 locations, or nearly 10%, since 2017, according to the National Community Reinvestment Coalition.
