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1. bankingjournal.aba.com › 2021 › 04The Real Story on Bank Branch Closures - ABA Banking Journal

   bankingjournal.aba.com › 2021 › 04

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   Apr 6, 2021 · From 2013 to 2020, the average closed bank branch had 18 branches operating within a two-mile radius and 159 branches within a 10-mile radius. Fewer closures take place in low-income and rural census tracts.

2. www.yourmoney.com › saving-banking › what-are-theWhat are the rules if your bank branch closes and what are ...

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   Oct 19, 2022 · What are the rules about branch closures? Banks normally need to give customers 12 weeks’ notice of branch closures. This should give them time to switch banks or seek out alternative services.

3. casetext.com › statute › kentucky-revised-statutesSection 286.3-180 - Banking business, where done - Branch ...

   casetext.com › statute › kentucky-revised-statutes

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   Apr 24, 2024 · The following conditions shall apply to applications for branches: (a) The permission to open a branch shall lapse one (1) year after the commissioner has rendered a final order as defined in KRS 13B.010, unless it shall have been opened and business actually begun in good faith.

4. www.kentuckylawjournal.org › blog › kentuckyKentucky Business Closures Help “Flatten the Curve,” But Are ...

   www.kentuckylawjournal.org › blog › kentucky

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   Mar 26, 2020 · Because COVID-19 spreads rapidly through human contact, governments across the world have prohibited most forms of public gatherings to curb infection rates. In Kentucky, Governor Andy Beshear issued executive orders requiring many businesses to close some or all of their operations.

5. www.wkyt.com › content › newsWKYT Fact Check | Ky. businesses ordered to close during ...

   www.wkyt.com › content › news

   Apr 17, 2020 · The citations provide two reasons for requiring operations to cease: (1) Non-life sustaining business or (2) Failure to observe physical distancing and requirements of executive order. 2020-257 ...

6. ncrc.org › research-brief-bank-branch-closureResearch Brief: Bank Branch Closure Update (2017 - NCRC

   ncrc.org › research-brief-bank-branch-closure

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   Branches are critical to local business lending, financial access, and as employers and commercial tenants for local communities. In places where few branches existed to begin with, closures create ‘branch deserts’ and force consumers and small businesses to seek alternative financial providers.

7. People also ask

   What are the rules about branch closures?

   • Banks normally need to give customers 12 weeks’ notice of branch closures. This should give them time to switch banks or seek out alternative services. Earlier this month, the Financial Conduct Authority (FCA) updated its guidance for banks that are considering shutting branches.

   What are the rules if your bank branch closes and what are the

   www.yourmoney.com/saving-banking/what-are-the-rules-if-your-bank-branch-closes-and-what-are-the-alternatives/

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   How many bank branches are closed a year?

   • From 2013 to 2020, the average closed bank branch had 18 branches operating within a two-mile radius and 159 branches within a 10-mile radius. Fewer closures take place in low-income and rural census tracts.

   The Real Story on Bank Branch Closures | ABA Banking Journal

   bankingjournal.aba.com/2021/04/the-real-story-on-bank-branch-closures/

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   Will Banks be notified if they plan to close branches?

   • Under a voluntary initiative set up by the Cash Action Group, most banks have agreed to notify cash machine network LINK if they plan to close branches. LINK will then analyse the impact of the planned closures on local communities.

   What are the rules if your bank branch closes and what are the

   www.yourmoney.com/saving-banking/what-are-the-rules-if-your-bank-branch-closes-and-what-are-the-alternatives/

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   What percentage of bank branches are closed in rural areas?

   • Low-income branch closings, for instance, represent only 5 percent of all closures since 2013 and only 0.5 percent of these have occurred in rural areas. In fact, 99 percent of all low-income census tracts are within commuting distance of a branch and, between 2013 and 2020, only five bank branches closed in rural, low-income census tracts.

   The Real Story on Bank Branch Closures | ABA Banking Journal

   bankingjournal.aba.com/2021/04/the-real-story-on-bank-branch-closures/

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   What happens if a branch is closed or relocated?

   • Branch closures or relocations have significant impacts on consumers and communities. The loss of a branch means the elimination of a valuable commercial tenant and the elimination of jobs in local communities. These actions can disrupt relationships with local businesses and community stakeholders.

   Research Brief: Bank Branch Closure Update (2017 – 2020

   ncrc.org/research-brief-bank-branch-closure-update-2017-2020/

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   Should banks consider closing branches?

   • Earlier this month, the Financial Conduct Authority (FCA) updated its guidance for banks that are considering shutting branches. It said banks considering closing sites “must pay due regard to the interests of their customers and treat them fairly while considering or implementing this decision”.

   What are the rules if your bank branch closes and what are the

   www.yourmoney.com/saving-banking/what-are-the-rules-if-your-bank-branch-closes-and-what-are-the-alternatives/

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8. ballotpedia.org › Documenting_Kentucky's_path_toDocumenting Kentucky's path to recovery from the coronavirus ...

   ballotpedia.org › Documenting_Kentucky's_path_to

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   December 14, 2020: Kentucky Gov. Andy Beshear (D) announced the state’s Healthy at School guidelines would become mandatory starting Jan. 4, 2020, including rules for social distancing, mask-wearing, sanitization, and other in-person activities (like food service in lunch rooms).