Has Bank Consolidation Changed People’s Access to a Full-Service Bank Branch?

Abstract: The consolidation that took place in the banking industry during the 2000s and 2010s led to an increase in the total number of bank branches per institution and resulted in a larger number of branches to meet customers’ banking needs.

Keywords: banks; branch; consolidation;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Community Development Publications

Publication Date: 2022-07-03

Number: 20211006

Note: Original published on 2021-10-06. This revision includes an update to Figure 1 - it now includes all full-service bank branch openings and closing rather than a sample.