Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally. The Charlotte based bank is making the closures based on client behavior, branch traffic, transaction volume and other factors.
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Truist to close 3.5% of branches as customers bank digitally
"The bank’s digital transactions jumped 9% year over year and now account for more than 60% of total bank transactions."
