• Big Wave of Bank Branch Closures Continues ...

    From 56g.1173@21:1/5 to All on Fri Nov 24 22:58:53 2023
    XPost: talk.politics.misc, alt.banking, alt.politics.usa
    XPost: alt.politics.republicans

    https://www.dailymail.co.uk/yourmoney/banks/article-12788267/pnc-bank-branch-closures-chase-huntington.html

    . . .

    THIS week it's mostly PNC bank.

    Now, admittedly, banks really DID seem to build WAY
    TOO MANY little branch locations over the past couple
    of decades. They all wanted to "establish a presence"
    even in locations unlikely to see much growth. It's
    kind of like the Walgreens/CVS war. If one puts a
    store way out on the edge of civ then the other feels
    compelled to build one right across the street.

    Some say "online banking" is killing branches, but
    I don't think that's really true. People need the
    ability to talk to HUMANS about banking issues - AI
    doesn't have a clue, can't grasp nuances, and the
    older people can't even SEE smartphone apps.

    --- SoupGate-Win32 v1.05
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