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The Next Airport Terminal Lounge or Club You Pass May Also Be a Bank Branch
2023 was the first year in a decade that the nationwide count of bank branches increased, according to FDIC data. The largest consumer financial services institutions have aggressive branch expansion plans, led by 500 new JPMorgan Chase retail locations, in addition to 1,700 renovations. One newer destination where banks are adding retail footprint across the U.S. is airport terminals, with brands from Fifth Third Bank to Capital One and Wells Fargo using airport "lounge"-like financial centers to attract not only existing customers, but all travelers.
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