All Bank Branches that Opened and Closed in Connecticut in 2023
Only one bank opened any new branches in the state this year, while several big brands moved to shutter physical locations.
Berkshire Bank Expects More Branch Closures Next Year
Berkshire Bank is expecting to close down more branches in 2024 as a part of its three-year restructuring plan geared on leaning towards improvement of its digital banking platforms.
Liberty Bank to Close Six Branches
Middletown-based Liberty Bank plans to close six branches, joining several other banks that have recently announced plans to reduce their footprints in the state.
Santander to Close Four CT Branches
Santander Bank plans to close four Connecticut branches, joining several other banks reducing their footprints in the state as the acceleration of digital banking changes consumer preferences.
Webster to Close At Least 14 CT Branches
Waterbury-based Webster Bank will close at least 14 Connecticut branches as part of a consolidation plan that will reduce its branch footprint by 17 percent.
HSBC to Close Remaining Connecticut Branches
HSBC Bank USA will close its three remaining Connecticut branches as part of a nationwide branch consolidation.
A Big Bank that Wants to Feel Small
As a regional bank with offices in 16 states and $145 billion in assets, KeyBank might seem more like a big institution than a community bank. To fight that perception, the bank has deployed a range of services and tools that are aimed at helping communities thrive.
People’s United to Close 12 More Branches – in Massachusetts
People’s United Bank will close 12 branches in western and central Massachusetts as part of its branch consolidation following its acquisition of United Bank.
People’s United to Close 18 Connecticut Branches
People’s United Bank has announced the closing of 18 Connecticut branches.
People’s United to Close Former Farmington Bank Branches
People’s United is planning to close 15 branches, most of which were recently acquired from Farmington Bank.
