Bank branch closures: canary in the coalmine?
Do bank branch closures portend a downturn in the overall economy?
Zions Bancorporation recently announced that it would slash 500 jobs from its multistate region, even as it closes some branches. The bank operates Vectra Bank Colorado, which maintains locations in Boulder and Broomfield counties.
It’s just the latest in a string of such announcements from banks large and small:
• U.S. Bank announced plans in March to close five branches in the Boulder Valley and Northern Colorado, with another half dozen closing elsewhere in the state.
• National Bank Holdings Corp.…
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