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U.S. Bank branch closures hit Kansas City metro

Nationwide closures of U.S. Bank locations in the works since 2019 have descended on the Kansas City metro. Six branches in the area were closed earlier this month as part of U.S. Bancorp’s plan to close 400 locations by early 2021.

A plan in the works since October 2020, U.S. Bank closures nationwide have now swept the Kansas City metro, U.S. Bancorp now no longer holding the largest branch network in the area.

Image courtesy of U.S. Bank

U.S. Bank closed six Kansas City-area branches on Jan. 2 and one other location in November. The closed branches include two full-service, standalone branches and five in-store or on-campus branches.

The closings are part of a plan that U.S. Bancorp CEO Andrew Cecere announced in 2019 to close 10 to 15 percent of its branches – roughly 300 to 450 branches – across the country.

According to the Federal Deposit Insurance Corp., Kansas City closed three branches from June 30, 2019, to June 30, 2020, leaving it with 54 branches left in the area.

Recent closings left U.S. Bank with 47 branches in the Kansas City area, ranking second behind Central Bank of the Midwest’s 49 branches. Commerce Bank has 45 branches.

The Minneapolis-based bank holding company’s goal is to optimize its bank branch network to better fit changing customer preferences and behaviors, and U.S. Bank continues to open and remodel branches nationwide.