The number of commercial bank branches in the United States decreased to 26.63 branches per 100,000 adults compared to the previous year. Therefore, 2023 marks the lowest number of commercial bank branches during the observed period. The term commercial bank refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products such as certificates of deposits and saving accounts to individuals and small businesses. A bank branch is a physical location of a banking corporation.
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World Bank. (October 24, 2024). Number of commercial bank branches in the United States from 2007 to 2023 (per 100,000 adults) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/554816/commercial-bank-branches-per-100-thousand-adults-usa/
World Bank. "Number of commercial bank branches in the United States from 2007 to 2023 (per 100,000 adults)." Chart. October 24, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/554816/commercial-bank-branches-per-100-thousand-adults-usa/
World Bank. (2024). Number of commercial bank branches in the United States from 2007 to 2023 (per 100,000 adults). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/554816/commercial-bank-branches-per-100-thousand-adults-usa/
World Bank. "Number of Commercial Bank Branches in The United States from 2007 to 2023 (per 100,000 Adults)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/554816/commercial-bank-branches-per-100-thousand-adults-usa/
World Bank, Number of commercial bank branches in the United States from 2007 to 2023 (per 100,000 adults) Statista, https://www.statista.com/statistics/554816/commercial-bank-branches-per-100-thousand-adults-usa/ (last visited December 21, 2024)
Number of commercial bank branches in the United States from 2007 to 2023 (per 100,000 adults) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/554816/commercial-bank-branches-per-100-thousand-adults-usa/