Lakeland-Winter Haven led the nation’s metro areas in the number of bank branch closures, with a 20.6 percent decline between 2008 and 2018, reports. Because of population growth, our per capita loss was also the highest, at 40.2 percent. The article talks about overall reasons that branches are declining (mergers, technology, etc.), but doesn’t dive into specific reasons for Polk closures. 

Source: Deposit

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Barry Friedman founded in 2015 as the culmination of a career in print and digital journalism. Since 1982, he has used the tools of reporting, editing and content curation to help people in Lakeland understand their community better.

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