US banks shut a total of 36 branches in just one week - is YOURS affected?

American banks notified their regulator that they would close 36 branches in just one week this month - with TD Bank and Wells Fargo alone responsible for 28.

Bank of America, Chase, Citibank, Citizens, US Bank and Liberty Bank in California arebehind the closure of the remaining eight.

TD Bank's batch of 20 closures, reported to the Office of Comptroller of the Currency (OCC) between April 7 and 13, are mainly along the East Coast.

Two were in South Carolina but the remainder were in the Northeast - scattered across Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont.

Wells Fargo, which reported eight closures, filed to close branches in California, Florida, Georgia, North Carolina and Nevada.

TD Bank led the charge during the week between April 7 and 13, announcing a total of 20 closures along the East Coast

That week only six bank branch openings were reported to the regulator, a sign that despite a recent surge in openings in recent weeks - led by Chase - the 'bank branch bloodbath' persists.

Chase has already filed to open more than 50 branches this year alone, bucking a national trend.

The last year in which the number of branches in the US increased was 2011, when there were more than 85,000 throughout the US, according to FDIC data. Since then the number has dropped steadily to about 70,000. 

Most national banks like US Bank, Bank of America and Wells Fargo have become increasingly confident that online banking can meet most customers' needs.

Closures can lead to significant savings. The average freestanding branch costs $2.6 million a year to run, according to Bancography, an Alabama-based consulting firm that advises banks.

In 2023, more than 1,500 bank branches were shut for good, with California and the Midwest worst-hit.

Dozens of readers wrote to DailyMail.com to express concerns over the closures as some now need to cross state lines to get to their closest bank.

One wrote: 'PNC shut down our local branch which was three miles away, now I have to go to an adjoining city or across the river to Ohio to make deposits or for other banking needs.

'It's totally inconvenient and as a senior citizen the extra mileage is wasting gas.'

Another reader in their 80s wrote: 'This is all very distressing to both my husband and me. We've already had several closures of our banks and have to drive further and further to find our banks. What happens when we can no longer drive?'

Wells Fargo closures were in California, Florida, Georgia, North Carolina and Nevada

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In 2023, more than 1,500 bank branches were shut for good, with California and the Midwest worst-hit

A banking desert is a neighborhood which has no bank branches in it or within 10 miles of its center.

Just handful of states - Arkansas, Mississippi, Nebraska, Oklahoma, South Carolina, Tennessee, West Virginia and Wyoming - experienced a net gain of branches.

West Virginia was the only state that did not lose a single bank branch throughout the entire year.

The majority of Americans are concerned about widespread bank branch closures - which are hitting lower-income households the hardest.