So much of the news cycle focuses on retail closures. In recent months, Rite Aid filed for a second bankruptcy, Forever 21 shuttered for good, and Family Dollar announced that all 7,600 locations would be sold off. But in addition to stores, banks also face a tough brick-and-mortar climate, with thousands closing each year since 2020. Now, a new slate of banks is set to close in 2025, including dozens of branches of Wells Fargo, TD Bank, Santander, and U.S. Bank.
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TD Bank is closing 38 locations by the end of 2025.
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TD Bank has roughly 1,100 locations along the Eastern Seaboard, with the most locations in Florida (359), New York (311), Massachusetts (287), and New Jersey (279).
As Best Lifepreviously reported, in late 2024, TD pled guilty to conspiracy to commit money laundering after failing to appropriately monitor over $18 trillion in payments, some of which were tied to the fentanyl trade. The bank was responsible for more than $3 billion in penalties.
Then, in March 2025, TD filed a plan with the Office of the Comptroller of the Currency (OCC) to close 38 branches on June 5. The closures are still moving ahead and affect the following branches:
Connecticut
- North Branford Branch: 1289 Foxon Road
- Torrington Commons: 215 High Street
Florida
- Beville Nova, Daytona Beach: 1590 South Nova Road
- Lake City: 160 NW Main Blvd
- South Beach 5th Street Branch, Miami Beach: 500 Collins Avenue
Maine
- Fairfield: 112 Main Street
- Fort Kent: 62 West Main
- Gorham Branch: 95 Main Street
- Houlton: 6 North Street
Massachusetts
- Bradford: 860 South Main Street
- East Longmeadow: 465 North Main Street
- Framingham: 420 Franklin Street
- Holyoke: 50 Holyoke Street
- Methuen: 547 Broadway
- Tewksbury: 2345 Main Street
New Hampshire
- Bristol: 10 North Main Street
- Contoocook: 884 Main Street
- Hampton: 40 High Street
- Wilton Lyndeborough: 905 Elm Street
New Jersey
- Cedar Grove: 85-107 Pompton Avenue
- Marlton East Branch: 191 East Route 70
- Ringwood: 145 Skyline Drive
- Raritan Township: One Royal Road
- Spring Lake Heights: 555 Warren Avenue
New York
- 42nd and Madison Branch, Manhattan: 125 Park Avenue
- 45th and Lexington Branch, Manhattan: 451 Lexington Avenue
- Middletown: 156A-B Dolson Avenue
- Plattsburgh: 136 Margaret Street
- Greenlawn: 460 Pulaski Road
Pennsylvania
- Chestnut Hill, Philadelphia: 8600 Germantown Pike
- Frazer: 101 Lancaster Avenue
- Morrisville: West Trenton Ave & Carlisle Avenue
South Carolina
- Columbia: 1501 Main Street
- Greer: 6 Elmshorn Drive
Virginia
- Centreville: Centreville Drive and Machen Road
- Reston: 1750 North Hampton Avenue
Washington D.C.
- Georgetown: 1611 Wisconsin Avenue NW
Wells Fargo is closing 55 locations this year.
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Wells Fargo is a much larger banking operation, with more than 4,000 branches across 36 states. However, since 2017, Wells Fargo has closed roughly 2,280 locations, while opening only about 100 new branches, according to Diario AS. And things aren’t slowing down in 2025, as the bank has plans to close 55 branches by the end of the year.
As of today, Wells Fargo has already shuttered 23 banks, reports Diario AS:
Alabama
- Hoover: 1600 Montgomery Highway
Arizona
- Tucson: 3901 E Grant Road
California
- Encinitas: 687 S. Coast Highway 101, Suite 151
- Fresno: 2425 N. Blackstone Avenue
- Los Angeles: 652 N. La Brea Avenue
- North Highlands: 7477 Watt Avenue
- Pasadena: 655 North Fair Oaks Avenue
- Pleasanton: 5798 Stoneridge Mall Road
Florida
- Apopka: 590 Hunt Club Boulevard
Iowa
- Adel: 100 Nile Kinnick Drive North
North Carolina
- Hickory: 200 First Avenue NW
- Raleigh: 7801 Falls of Neuse Road
New Jersey
- Basking Ridge: 59 South Finley Avenue
Texas
- College Station: 321 University Drive
- Dallas: 5809 E. Lovers Lane
- Dallas: 6333 East Mockingbird Lane
- Dallas: 2611 Cedar Springs Road
- El Paso: 221 N. Kansas Street
- Huffman: 25100 F.M. 2100
- San Antonio: 1930 North Loop 1604 East
Utah
- St. George: One Main Street
Virginia
- Alexandria: 7928 Fort Hunt Road
Washington
- Bellevue: 225 108th Avenue N.E.
Wells Fargo plans to close an additional 32 branches by the end of the year. According to an OCC plan filed in early April, along with a news reports from Penn Live, these include:
California
- Azusa: 700 Azusa Boulevard
- Palm Springs: 1753 North Sunrise Way
Florida
- St. Petersburg: 25 Fifth Street South
- Tampa: 4203 Gandy Boulevard
Pennsylvania:
- Matamoras: 1001 Pennsylvania Avenue
- Philadelphia: 1700 Market Street
- Red Lion: Centre Square, 1 N. Main Street
South Carolina
- Johns Island: 100 Village Green Lane
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Santander is closing 19 branches by August.
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Spanish bank Santander operates more than 8,000 international branches, including 700 in the northeastern U.S., with the majority located in Massachusetts (229), Pennsylvania (169), and New Jersey (152).
However, the bank recently announced that it would close 95 branches in the U.K. due to customers making the switch to digital banking. And according to a May 3 OCC report, 19 U.S. branches will close for good by August:
Massachusetts
- Boston: 346 Congress Street
- Middleton: 39 South Main Street
- Norwell: 69 Washington Street
- Salem: 22 New Derby Street
- Woburn: 19 Pleasant Street
- Worcester: 655 Park Avenue
New Hampshire
- Salem: 541 South Broadway, Suite 100
New Jersey
- Hoboken: 214 Washington Street
- Newark: 873 Broad Street
- Pennington: 2583 Pennington Road
- Wharton: 40 South Main Street
New York
- Bronx: 200 East 161st Street
- Staten Island: 81 Water Street
Pennsylvania
- Blue Bell: 1770 DeKalb Pike
- Ephrata: 370 N. Reading Road
- Harrisburg: 235 N. Second Street
- Philadelphia: 2103 Hamilton Avenue
- West Chester: 50 West Market Street
Rhode Island
- Providence: 280 Atwells Avenue
“Santander Bank continues to refine its branch footprint and retail presence, including introducing new formats and investing in digital capabilities to better accommodate our customers and meet their evolving needs,” a Santander spokesperson told Banking Dive.
The news outlet notes that, despite these closures, Santander’s U.S. digital bank Openbank, which launched in Oct. 2024, is climbing, recently hitting $2 billion in deposits.
U.S. Bank is also closing at least 15 branches.
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U.S. Bank has just over 3,000 branches spread across Western and Midwest states. Recent OCC filings show that the following locations have either already closed or will soon shutter:
Arizona
- Peoria: 8375 W Deervalley Road
California
- San Clemente: 989 Avenida Pico
- San Diego: 600 West Broadway
Colorado
- Glendale: 4600 Leetsdale Drive
Idaho
- Blackfoot: 9 South Ash Street
- Orofino: 333 Michigan Avenue
Illinois
- Chicago: 5201 W Madison Street
Kansas
- Pittsburg: 306 N Broadway Street
Missouri
- Mexico: 100 N Western Street
Nevada
- Las Vegas: 8555 West Sahara Avenue
Ohio
- Loveland: 6388 Branch Hill Guinea Pike
Oregon
- 111 SW 5th Avenue, Suite 600
Washington
- Seattle: 4326 University Way NE
- Seattle: 2401 Utah Avenue, S Suite 105
Wyoming
- Evanston: 748 Main Street
In speaking about the Blackfoot, Idaho closure with the EastIdahoNews.com, U.S. Bank spokesperson Jake Holtrop said the closures are part of a shift towards digital banking.
“Clients’ banking preferences and behaviors are changing, including a rapid migration toward digital and mobile banking platforms, and a desire for greater simplicity,” he said. “As we evolve along with our clients, we are reevaluating our physical footprint, and in some instances, consolidating branch locations in select markets.”
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