The Atlantis Report: Banks are Closing Branches Faster than Ever

In recent years, the banking landscape has transformed dramatically, reshaping how we interact with financial institutions. The once ubiquitous sight of bank branches in our neighborhoods and city centers is quickly vanishing as major banks—such as Wells Fargo, Bank of America, and JP Morgan Chase—implement extensive branch closure strategies. As these institutions adapt to the pressures of a digital-first world, many customers are left feeling bewildered and concerned about the future of banking. The trend of bank branch closures has accelerated in recent years, fueled by several factors. Consumer preferences have shifted dramatically towards digital banking, with a growing inclination…