Bank closures by purposeful design

Note well: Force majeure clause.

Disclaimer

I personally do not advocate any process or procedure contained in any of my Blogs. Information presented here is not intended to provide legal or lawful advice, nor medical advice, diagnosis, treatment, cure, or prevent any disease. Views expressed are for educational purposes only.

I surround and protect, purify and make harmless the following in-formation.

Bank Branch Closure Statistics 2025

July 08, 2025

Editor’s Choice

• In 2025, over 8,000 bank branches worldwide are projected to shut down.

• The United States alone accounts for nearly 3,200 closures this year, the highest national figure globally.

• Digital banking usage has surged to 89% of US adults in 2025.

• Rural areas in the US faced a disproportionate burden, with 1 in 4 branches closed in low-population zip codes.

• Bank of America leads in closures, reducing its physical footprint by 18% over the last 12 months.

• Consumer trust in mobile-only banks hit an all-time high of 71%, reflecting growing digital dependency.

• Real estate savings from closures contributed an estimated $3.5 billion in cost reductions for global banks in 2025.

  Global trends in bank branch closures

  • The Asia-Pacific region saw the fastest decline, with a 16% reduction in bank branches between January and May 2025.

  • In Europe, Germany and France reported a combined 1,100 branch closures, driven largely by cost-efficiency mandates.

  • Latin America experienced mixed trends, with urban consolidation offset by new branch openings in underbanked rural zones.

  • China’s tier-1 cities are shifting to fully digital service models, leading to the closure of over 600 traditional branches this year alone.

  • The UK banking sector closed over 450 branches in the first quarter of 2025, continuing a five-year downward trend.

  • Remote banking services, including AI chatbots and virtual banking agents, now handle up to 65% of routine transactions globally.

  • Southeast Asian banks, especially in Thailand and Malaysia, have piloted branchless micro-banking kiosks as substitutes.

  • Cross-border digital account management has surged, decreasing the necessity for maintaining physical branches for international customers.

  • In Sub-Saharan Africa, the closure rate remains minimal at 2%, as banks still rely heavily on face-to-face customer interaction.

    

    Continues at https://coinlaw.io/bank-branch-closure-statistics/

NOTE: Canada Bank Act

Sunset provision

• 21 (1) Subject to subsections (2) and (4), banks shall not carry on business, and authorized foreign banks shall not carry on business in Canada, after June 30, 2026. https://laws-lois.justice.gc.ca/eng/acts/b-1.01/FullText.html

  Perhaps look for a similar clause in your country’s Bank Act or equivalent.

Digital Euro 2025

5:48 mins With digital money you know there comes a lot of risk, so the plan is that you have your money not with your bank account with your local bank but instead you will have your money directly at the European Central Bank. https://www.ourgreaterdestiny.ca/p/european-governments-double-down

European Central Bank looking to institute CBDC by October 2025

Mar 09, 2025

40 Years of Bank Closures | Canada

Mar 03, 2025

As of 2025, approximately 45% of Canada’s 2,620 small towns and rural communities with post offices — totaling about 1,179 communities — do not have any bank branches. https://www.fiscalagents.com/index.php/40-years-of-bank-closures/

Canada: TD Bank Branch Closures

July 11, 2025

As one of the country’s largest banking institutions, TD Bank’s decisions directly impact access to banking services, especially in rural and underserved areas. This trend is part of a broader shift in the banking industry influenced by advancements in technology and changing customer behaviors, making it a critical topic for consumers and policymakers alike. https://infopetitenation.ca/td-bank-branch-closures-what-you-need-to-know/

USA: Bank Closures 2025

Even though only one bank failed outright this year, the trend of banks closing locations continues. As of May 2, 2025, there have been 336 bank branches closed, and more branches are expected to close.

Experts continue to believe this may be one of the worst years for bank closures. This is detrimental to businesses’ cash management, as the bank location to which it deposits money may not be open by the end of the year. Continues at https://integratedcashlogistics.com/bank-closures-news/

USA: TD Bank Closures: List of Locations 10 States

Mar 18, 2025

TD Bank is set to close 38 branches across 10 states and Washington, D.C., as part of a strategic move to optimize its operations. Continues at https://www.newsweek.com/td-bank-closures-list-branches-locations-reason-2046390

266 UK bank branches shut after Lloyds and Halifax confirm new closures

Apr 02, 2025

Hundreds of banks set to close their doors for good. Figures from last December showed 6,214 bank branches shut since January 2015 – a shocking 53 every month.

Last month Spanish-owned Santander announced it will close 95 of its branches in 2025, putting 750 jobs at risk.

Lloyds, Halifax, Bank of Scotland, and NatWest all planning to shut up shop this year. Live links and more at https://metro.co.uk/2025/04/02/full-list-uk-bank-closures-2025-lloyds-halifax-confirm-closures-22838439/

Bendigo Bank to shut 10 branches across Victoria, Queensland and Tasmania from August

July 08, 2025

The bank, which operates Australia's second biggest regional branch network, said the closures will roll out from August 1 until the end of October.

The closures mean some residents in impacted regional areas will be left without a local in-person branch and may need to resort to other methods for their banking, such as going online. Continues at https://www.skynews.com.au/business/finance/bendigo-bank-to-shut-ten-branches-in-communities-across-victoria-queensland-and-tasmania-starting-from-august/news-story/a61bd5690ad9fb079a6f77dc5b00ad86

Bank deposit insurance

By Matthias Chang
Apr 24, 2013

Your faith in the integrity of the bank is likely almost absolute. Your money in the bank would earn an interest income. When you want your money back, all you needed to do is withdraw the money together with the accumulated interest. Never for a moment did you think you had transferred ownership of your money to the bank. You were led to believe a lie through savvy advertisements by the banks, and government assurances that your money is safe and protected by deposit insurance.

Your status is that of A CREDITOR TO THE BANK and the BANK IS IN LAW A DEBTOR to you. You are deemed to have “lent” your money to the bank for the bank to apply to its banking business.

You have become AN UNSECURED CREDITOR. Therefore, by law, in the insolvency of a bank, you as an unsecured creditor stand last in the queue of creditors to be paid out of any funds and or assets the bank has to pay its creditors. The secured creditors are always first in line to be paid. It is only after secured creditors have been paid and there are still some funds left (usually, not much, more often zilch!) that unsecured creditors are paid and the sum is pro-rated among all the unsecured creditors. Continues at https://www.globalresearch.ca/no-bank-deposits-will-be-spared-from-confiscation/5332743

Legal relationship between the banker and the customer

https://www.cobdencentre.org/2010/09/the-legal-relationship-between-the-banker-and-his-customer/

Force majeure - heads up

Between now and converting to CBDCs [Fall 2025?], if the stock market crashes [controlled demolition?], if there is a cyber-attack [no bank access for days], or other major catastrophe [man-made?] that leads to martial law, it could trigger the force majeure clause found in Agreements meaning people could lose the currency in their bank accounts.

Conversion from cash to CBDC - TRAP

https://www.ourgreaterdestiny.ca/p/this-is-about-more-than-money

The solutions to life are within us

https://www.ourgreaterdestiny.ca/p/align-with-your-higher-self-inner

Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
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