88. U.S. Bank
How Many Stores Closing: 1
Current Value of the Business: $24-$25 billion in annual revenue*
Prepare for a shift in the banking landscape as U.S. Bank announces the impending closure of its branch at 403 Center Ave. in Moorhead, Minnesota, come May 1, as communicated in a letter to its clientele. This decision finds its roots in the shifting tides of customer preferences and behaviors.
Acknowledging the winds of change, the bank reveals its intention to consolidate certain physical locations as part of a broader strategy to better align with the evolving needs of its valued patrons. With approximately seven branches sprinkled across the Fargo-Moorhead region, U.S. Bank is gearing up for a transformational journey. Brace yourselves as the downtown Fargo branch gears up for a March relocation, promising a fresh ambiance and enriched banking experience, poised to elevate client satisfaction to new heights.