Thursday, October 24, 2024 | Baltimore, MD
Baltimore, MD
64°
Partly Cloudy
FOLLOW US:

Greater Baltimore banks slow pace of branch closures in 2023. Here’s who cut the most.

October 3, 2023

Greater Baltimore’s banks cut 24 branches over the last 15 months, a sign that the pace of branch cuts may be slowing after a slew of closures amid the pandemic. There are now 541 bank branches in Greater Baltimore as of Sept. 30, 2023, down 24 from the 565 branches Baltimore’s banks operated as of June 30, 2022, according to data from the Federal Insurance Corp. and the Office of the Comptroller of Currency.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.