What influence has mergers and acquisitions had on a customer's access to branches?
A branch closing that has resulted from a merger require not necessarily mean a lost relationship. The cause a branch closes is usually the presence of a nearby branch of the same bank. Moreover, the number of bank and thrift branches has enhanced each year from 1993 to 2009. Nowadays there are more than 98,000 bank & thrift offices in the U.S.