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Banking deserts expand in rural N.C. as branches vanish, sparking debate

Summary by The Charlotte Observer
Despite its proximity to Charlotte’s banking hub, Anson County has lost two-thirds of its bank branches over the last decade, leaving Wadesboro with just two banks and one credit union. A proposed state bill would allow credit unions broader access in underserved areas — but banks strongly oppose it.

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The Charlotte Observer broke the news in Charlotte, United States on Thursday, April 17, 2025.
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