05/17/2026
U.S. Bank Closures Continue in 2026 — But We’re Still Right Here
After record-setting bank branch closures in 2021 with 2,928 locations shut down nationwide, the trend has continued year after year.
• 1,854 net branch closures in 2022
• 1,409 net branch closures in 2023
• Nearly 1,000 net branch closures in 2024
• 148 net branch closures in the first quarter of 2025 alone, according to S&P Global Market Intelligence
• Industry analysts expect branch closures to continue throughout 2026 as banks push customers toward digital-only banking
Large banks continue reducing their physical footprint, closing branches, consolidating locations, and moving more customer service online.
Meanwhile, local businesses still want real relationships, local support, and someone who actually answers the phone.
That is exactly why Panhandle Merchant Services continues to grow.
We are not a call center. We are not located across the country. We are local, and we are here for our merchants every single day.
You can find us right at the corner of Palafox and Garden Street in Downtown Pensacola.
Panhandle Merchant Services
33 W. Garden St
Pensacola, FL 32502
[email protected]
850-565-4727
Panhandle Merchant Services
