Wells Fargo Closing 19 More Branches, Including Two in the Philadelphia Area

Wells Fargo & Co. will close 19 more branches, including two in this region, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals.

The impacted branches include:

    • 2090 County Line Road, Huntingdon Valley
    • 8200 Roosevelt Blvd., Northeast Philadelphia

Branches at 6010 W. Main St. in Mays Landing, New Jersey and 3900 Tilghman St. in Allentown are also scheduled to close.

They are among a batch of locations San Francisco-based Wells Fargo (NYSE: WFC) filed to close on June 8 with the Office of the Comptroller of the Currency. Other sites are in South Carolina, New York, Virginia, North Carolina, Texas, Alaska, Alabama, California and Maryland as well as two more in North Jersey.

*Article courtesy of Philadelphia Business Journal

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