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Small Deposits: Wells Fargo, PNC close more local branches; Fulton adjusts overdraft fee policies

·3 min read
Small Deposits: Wells Fargo, PNC close more local branches; Fulton adjusts overdraft fee policies
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A roundup of recent banking and finance news from the Philadelphia area: Wells Fargo shutters three more local branches Wells Fargo closed three more local branches in June, bringing the total to five this year. The affected locations, cited in filings with the Office of the Comptroller of the Currency, are: •120 N. Pine St., Langhorne, which closed June 15; •1110 Chester Pike, Sharon Hill, also closed on June 15; and •400 Old York Road, Jenkintown, which shuttered on June 21. San Francisco-based Wells Fargo (NYSE: WFC), Philadelphia’s largest bank by deposits, shuttered locations in Drexel Hill and West Chester in January.