Lakeland-Winter Haven Leads in Bank Branch Closings

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, DepositAccounts.com 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.