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North Carolina loses more than 1% of total branches in September

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North Carolina loses more than 1% of total branches in September

U.S. banks and thrifts closed 226 branches and opened 80 in September for a net 146 closures, according to S&P Global Market Intelligence data.

Wells Fargo & Co. and First Horizon National Corp. led with 25 and 22 net closures, respectively. The latter's net closures accounted for 8.1% of its total branch network.

At the state level, North Carolina had 25 net closures, more than 1% of its total bank branch count. First Horizon National Corp. accounted for 15 out of 26 closures in North Carolina during the month of September.

New Jersey, California, Florida and New York all followed with net closures of 17, 12, 11 and 10, respectively. Colorado was the only state with more than one net opening, with four total.

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Click here to access a template containing bank branch openings and closings for August 2019.