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Flagstar Bank Closing 20% Of Branches Nationwide In Bold Cost-Cutting Overhaul Amid Profitability Push

Summary by soscip.org
A Changing Banking Landscape: Why Brick-and-Mortar Locations Are on the Decline The traditional idea of a physical bank branch is quickly becoming outdated. With nearly all core banking services now available online or through mobile apps, visiting a branch is no longer essential for most customers. From money transfers and check deposits to wire transactions, everything can be handled digitally in a matter of seconds. The rise of online banking…
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soscip.org broke the news in on Tuesday, April 22, 2025.
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