DENVER – The US bank is significantly reducing its physical footprint in Colorado.
On Thursday, hours after BusinessDen announced that the company had closed its branch at 1625 N. Broadway, Minnesota-based US Bank said it was closing a total of 26 branches in the state.
Nineteen of these branches are in what the company considers the market in Denver.
As of June 30, US Bank has 72 branches in the Denver subway area and 136 in the state, according to the FDIC. Deviating from the state figure, the closures amount to 20% of the company’s branches.
In addition to 1625 N. Broadway, local closures include the branch at 1660 Wynkoop Street, opposite Union Station. This will reduce the number of branches in the company’s center in Denver to one: 950 17th St.
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