Updated October 12, 2026. Data: Federal Deposit Insurance Corp. records of bank branch openings and closings, October 1, 2025 to September 30, 2026 (records as of 2026-10-09). Banks report changes with a lag, so recent months may still grow.
Banks closed 1,162 branches and opened 1,067 in the 12 months through September 2026, a net loss of 95. California had the most closings (100). The biggest net losses were in Michigan (-45), California (-35), Ohio (-32) and New Jersey (-23). Branch counts fell in 35 states. With fewer local branches, owners need to compare types of business loans, including SBA and online lenders.
Net branch change by state
The pace of closings slowed compared with the year before, but closings still outnumbered openings. Florida added the most branches on net (+49), followed by Texas (+45).
State-by-state table
Click a column to sort. Counts are by the state where the branch is located, not where the bank is headquartered.
| State | Branches closed | Branches opened | Net change | Closed, prior 12 months | Opened, prior 12 months |
|---|---|---|---|---|---|
| U.S. (50 states + DC) | 1,159 | 1,066 | -93 | 1,450 | 1,058 |
| Alabama | 11 | 38 | +27 | 20 | 17 |
| Alaska | 3 | 1 | -2 | 0 | 0 |
| Arizona | 22 | 13 | -9 | 21 | 16 |
| Arkansas | 4 | 15 | +11 | 17 | 17 |
| California | 100 | 65 | -35 | 130 | 57 |
| Colorado | 31 | 25 | -6 | 17 | 21 |
| Connecticut | 17 | 6 | -11 | 14 | 5 |
| Delaware | 5 | 4 | -1 | 7 | 4 |
| District of Columbia | 3 | 0 | -3 | 3 | 2 |
| Florida | 52 | 101 | +49 | 72 | 86 |
| Georgia | 18 | 45 | +27 | 25 | 36 |
| Hawaii | 6 | 1 | -5 | 0 | 2 |
| Idaho | 6 | 2 | -4 | 16 | 11 |
| Illinois | 54 | 40 | -14 | 68 | 42 |
| Indiana | 20 | 25 | +5 | 25 | 24 |
| Iowa | 16 | 15 | -1 | 18 | 14 |
| Kansas | 20 | 11 | -9 | 15 | 9 |
| Kentucky | 18 | 22 | +4 | 27 | 19 |
| Louisiana | 23 | 13 | -10 | 16 | 17 |
| Maine | 6 | 2 | -4 | 5 | 3 |
| Maryland | 26 | 19 | -7 | 32 | 17 |
| Massachusetts | 46 | 27 | -19 | 46 | 31 |
| Michigan | 53 | 8 | -45 | 50 | 12 |
| Minnesota | 28 | 18 | -10 | 17 | 9 |
| Mississippi | 13 | 11 | -2 | 16 | 13 |
| Missouri | 20 | 21 | +1 | 37 | 20 |
| Montana | 0 | 6 | +6 | 5 | 6 |
| Nebraska | 15 | 14 | -1 | 13 | 12 |
| Nevada | 2 | 4 | +2 | 10 | 3 |
| New Hampshire | 10 | 6 | -4 | 17 | 10 |
| New Jersey | 35 | 12 | -23 | 57 | 20 |
| New Mexico | 5 | 3 | -2 | 6 | 5 |
| New York | 62 | 49 | -13 | 121 | 68 |
| North Carolina | 15 | 48 | +33 | 36 | 40 |
| North Dakota | 4 | 1 | -3 | 3 | 2 |
| Ohio | 63 | 31 | -32 | 52 | 25 |
| Oklahoma | 16 | 18 | +2 | 17 | 10 |
| Oregon | 10 | 3 | -7 | 12 | 8 |
| Pennsylvania | 43 | 43 | +0 | 106 | 49 |
| Rhode Island | 6 | 5 | -1 | 3 | 3 |
| South Carolina | 17 | 35 | +18 | 10 | 23 |
| South Dakota | 4 | 6 | +2 | 6 | 4 |
| Tennessee | 39 | 32 | -7 | 32 | 45 |
| Texas | 82 | 127 | +45 | 123 | 125 |
| Utah | 5 | 17 | +12 | 9 | 8 |
| Vermont | 5 | 1 | -4 | 2 | 1 |
| Virginia | 27 | 20 | -7 | 33 | 42 |
| Washington | 22 | 8 | -14 | 31 | 20 |
| West Virginia | 11 | 9 | -2 | 3 | 2 |
| Wisconsin | 36 | 18 | -18 | 26 | 23 |
| Wyoming | 4 | 2 | -2 | 3 | 0 |
Why branch closings matter for small businesses
- Cash businesses feel it first. Restaurants, salons, laundromats and retail shops that deposit cash daily may have to drive farther or switch to armored pickup.
- Local lending relationships. Many small business loans still start with a local banker who knows the area. Fewer branches can mean fewer of those relationships, especially in rural towns.
- Online banks fill some gaps, but they can’t take cash deposits, and some make it harder to get help in person.
- See how much banks lend to small businesses in your state: small business bank loans by state and small business credit access by state.
Looking for funding outside a branch?
If your bank closed its local branch, there are other ways to get funding. See business funding options from Cardiff. Established businesses (generally 6+ months and about $240,000+ in yearly revenue) can also check Fora Financial working capital.
We may earn a commission if you use this link. It doesn’t change what you pay, and it doesn’t affect the data on this page.
About the data
- Source: Federal Deposit Insurance Corp., BankFind Suite structure-change history. We counted every “Branch Closing” and “Branch Opening” record with an effective date in each 12-month window.
- State is where the branch office is, not the bank’s home state.
- Covers federally insured banks and savings institutions. Credit unions aren’t included. 3 closings and 1 opening in U.S. territories aren’t in the table, so the 50-state totals can differ slightly from the national counts above.
- Lag: banks file changes after the fact, so the most recent months may rise as reports come in. We refresh this page regularly.
Sources
Cite this data
Reporters and bloggers may use these numbers and charts. Please credit StartBusinessByState and link to this page.
Source: StartBusinessByState, “Bank Branch Closures by State (2026),” https://startbusinessbystate.com/bank-branch-closures-by-state/ (updated October 12, 2026).
FAQ
How many bank branches closed in 2026?
1,162 branches closed between October 1, 2025 and September 30, 2026, while 1,067 opened, according to Federal Deposit Insurance Corp. records.
Which state lost the most bank branches?
Michigan had the biggest net loss (-45: 53 closed, 8 opened). California had the most closings (100).
Are bank branch closures slowing down?
Yes, somewhat. Closings fell from 1,454 in the prior 12 months to 1,162, while openings were about the same.
Does this include credit unions?
No. These records cover banks and savings institutions insured by the Federal Deposit Insurance Corp.
Where is this data from?
The Federal Deposit Insurance Corp. BankFind Suite, which lists every branch opening and closing that insured banks report.
Last updated October 12, 2026 by StartBusinessByState.