BofA Looks to Add Three Mass. Branches After Closing Seven
Bank of America is investing $100 million in its branch network in Massachusetts from 2023 to 2025, for new branch establishments and renovations.
Citizens Bank, BofA Close Some MA Branches in November
Bank of America is closing three of its branches in Greater Boston while Citizens Bank continues to replace branches in grocery stores with video teller-enabled interactive teller machines.
Berkshire Bank Expects More Branch Closures Next Year
Berkshire Bank is expecting to close down more branches in 2024 as a part of its three-year restructuring plan geared on leaning towards improvement of its digital banking platforms.
OCC Data: Santander Shrinks Bank Locations, JPMorgan Expands
Santander Bank has proceeded with the planned closures of its bank branches while JPMorgan Chase Bank continues to expand its branches in Massachusetts.
Santander to Close 16 Massachusetts Branches
Santander Bank plans to close at least 16 Massachusetts branches this year, driven by customers increasingly opting for online banking instead of in-person banking.
Eastern Bank Plans to Close 17 Branches With Century Merger
The merger of Eastern Bank and Century Bank later this year will result in 17 branch closings, and each bank will lose nearly an equal number of locations.
Rockland Trust Plans to Close 18 Branches With East Boston Merger
The merger of East Boston Savings Bank and Rockland Trust will result in 18 branch closings, including nine locations in Boston, according to the public notice for the proposed merger.
Community Banks Join Larger Banks in Closing Branches
As several regional and national banks reduce their branch footprints in Massachusetts and pending mergers likely to come with branch consolidations, the state’s community banks have been closing some branches as well.
Santander’s Mass. Branch Closures Now at 25
Santander Bank plans to close six branches in Southeastern Massachusetts and one of its two branches in the western part of the state as the bank, like others, continues to evaluate its branch network.
Santander to Close More Massachusetts Branches
Santander Bank has closed seven Massachusetts branches this year and plans to shutter at least 11 more, according to regulatory filings with the Office of the Comptroller of the Currency.
Changes in Store for Branches as Some Banks Pull Back
With the pandemic driving many customers away from branches and accelerating the adoption of online and mobile technology, banks face the prospect of long-lasting changes to how they interact with customers.
Webster Names Mass. Branches It Will Close
Connecticut-based Webster Bank will close four of its seven Boston branches as part of a consolidation plan that will reduce its branch footprint by 17 percent.
People’s United to Close 12 Massachusetts Branches
People’s United Bank will close 12 branches in western and central Massachusetts, including three in Worcester, as part of its branch consolidation following its acquisition of United Bank.
Berkshire Bank to Close Four Branches in New York
Berkshire Bank has received approval to close four of its branches in New York state, according to a recent activity report from the Massachusetts Division of Banks.
Rockland Trust to Consolidate Three Branches as Result of Blue Hill Deal
Rockland Trust will close at least three branches as part of its acquisition of Blue Hills Bank.
