CALIFORNIA – There are 11 banks currently in the process of closing in California, according to the Office of the Comptroller of the Currency (OCC). The closings, in addition to the 80 previous bank closures in 2024, are attributed to a move towards online banking.
OCC lists the following banks in the process of closing:
Wells Fargo
7847 Lichen Drive, Citrus Heights
4135 Pacific Coast Highway, Torrance
Bank Of America
512 Fletcher Parkway, El Cajon
4054 Macarthur Blvd, Oakland
8949 Clairemont Mesa Blvd, San Diego
7404 Jackson Drive, San Diego
8655 Beverly Blvd Los Angeles
780 Blossom Hill Rd, Los Gatos
1515 Broadway, Sacramento
866 North Wilcox Avenue, Montebello
5225 Canyon Crest Drive, Riverside
Banks must notify OCC at least 90 days before a location’s closing date. The OCC posts the branch closing notifications in weekly bulletins.
According to American Banker, banks are investing more in their online platforms, where analysts say that customers prefer to handle increasingly more of their banking transactions. As a result, fewer branches are needed.
Bank closures earlier this year
Over 400 banks have closed, nationwide, in 2024. These are the banks in California that have already closed in 2024.
Bank Of America
2708 Ming Avenue, Bakersfield
1440 Truxtun Avenue, Bakersfield
450 Montgomery Street, San Ramon
294 Fox Hills Mall, Culver City
8375 Arroyo Circle, Gilroy
1175 Arnold Drive, Martinez
555 The Shops At Mission Viejo, Mission Viejo
72840 Highway 111, Palm Desert
12434 North Main Street, Rancho Cucamonga
14006 Riverside Drive, Sherman Oaks
2020 Lake Tahoe Boulevard, South Lake Tahoe
40750 Winchester Road, Temecula
7395 Mission Street, Daly City
2012 E Avenida De Los Arboles, Thousand Oaks
43591 Mission Blvd, Fremont
40 West Foothill Blvd, Upland
2516 East Chapman Avenue, Fullerton
800 Irving Street, San Francisco
39168 Winchester Road, Murrieta
U.S. Bank
3380 Coach Lane, Cameron Park
5450 Dewey Drive, Fair Oaks
400 Oceangate, Long Beach
6040 Telegraph Road, Ventura
Wells Fargo Bank
11701 Telegraph Road, Santa Fe Springs
3480 South La Brea Avenue, Baldwin Hills
1801 North Hacienda Boulevard, La Puente
1335 Webster Street, San Francisco
1150 East Vista Way, Vista
315 S Beverly Drive, Beverly Hills
4250 Van Buren Boulevard, Riverside
8955 Atlanta Avenue, Huntington Beach
2485 Notre Dame Boulevard, Chico
1601 West Capitol Avenue, West Sacramento
2201 Pacific Coast Highway, Lomita
1309 North Chester Avenue, Bakersfield
5377 West Centinela Avenue, Los Angeles
535 South Myrtle Avenue, Monrovia
1705 N First Street, San Jose
3550 Wilshire Blvd. Los Angeles
303 2nd Street, San Francisco
270 Redwood Shores Parkway, Redwood City
1305 W. Sepulveda Boulevard, Torrance
Chase
2201 Westwood Boulevard, Los Angeles
18499 Hesperian Boulevard, San Lorenzo
1030 W Alameda Avenue, Suite D-13, Burbank
6950 Sunrise Boulevard, Citrus Heights
5060 Arlington Avenue, Riverside
140 West Anaheim Street, Suite C, Wilmington
Citibank
350 Rhode Island Street, Suite 140N, San Francisco
First Republic
1088 Stockton St, San Francisco
1200 Prospect Street, La Jolla
680 Hartz Ave, Danville
249 Main St, Pleasanton
211 S J St, Livermore
1888 Century Park East, Los Angeles
73010 El Paseo, Palm Desert
431 Wilshire Blvd, Santa Monica
2800 E Coast Hwy, Corona Del Mar
1215 El Camino Real, Menlo Park
9593 Wilshire Blvd, Beverly Hills
776 El Camino Real, Redwood City
44 Montgomery Street, San Francisco
116 E Grand Ave, Escondido
8347 La Mesa Blvd, La Mesa
139 S El Camino Real, Millbrae
10297 S De Anza Blvd, Cupertino
279 West Portal Ave, San Francisco
888 S Figueroa St, Los Angeles
1625 The Alameda, San Jose
3991 Macarthur Blvd, Newport Beach
1111 South El Camino Real, San Mateo
1099 4th Street, San Rafael
1200 State Street, Santa Barbara
640 3rd Street, Santa Rosa
999 Adams St, Saint Helena
275 Los Gatos Saratoga Rd, Los Gatos Ca
400 S San Antonio Rd, Los Altos
Liberty Bank
500 Linden Ave, San Francisco
PNC Bank
16920 Van Buren Blvd, Riverside
BMO Bank
6055 East Washington Boulevard, City Of Commerce
RELATED: More bank closures coming in CA amid shift towards mobile banking