Business: More banks trimming branchesSource: CNN Money
January 25, 2013 at 10:00 AM
- Last modified: January 25, 2013 at 10:53 AM
Overall, banks closed 2,267 branches last year and opened only 1,149, according to research firm SNL Financial. That resulted in a total loss of 1,118 branches nationwide -- the highest level since 2005, when the firm began tracking closures.