As customers rely more on online banking rather than brick-and-mortar banking, American banks have been closing underperforming branches. U.S. Bank is no exception. Since May 2026, the bank has announced the closing of eight branches, according to the OCC's Corporate Applications Search.
Will your U.S. Bank branch be affected in 2026? If you have a U.S. Bank account, it may be a good idea to check this list and compare checking accounts at other banks.
Set up eligible direct deposit - pocket up to $400
Set up an eligible direct deposit with SoFi Checking and Savings and you could earn a bonus of $50 or $400.1 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> Make the switch, set up eligible direct deposit, earn the bonus. It basically takes no extra work at all other than following these steps.
Why people are switching: This account earns up to an insane 4.20% APY2 <p>Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> on savings for up to six months (3.30% APY standard + 0.90% APY boost) on top of that $50 or $400 bonus.1 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> That's way better than the measly 0.38% APY (as of 06/15/26)3 <p>Based on <a href="https://www.fdic.gov/national-rates-and-rate-caps">this</a> FDIC data, as of 6/15/26.</p> national average savings accounts offer.
No monthly fees and no surprises. Open your account and earn up to a $400 bonus
Arizona
- 4707 East Shea Boulevard, Phoenix
Although U.S. Bank has closed one Phoenix location as of May, 2026, there are still 12 branches in the city and just under 60 branches statewide.
California
- 15970 Los Serranos Country Club Drive, Chino Hills
- 1400 Munras Avenue, Monterey
- 3075 S Archibald Ave, Ontario
U.S. Bank plans to close, or has already closed, three branches in the Golden State. But over 560 branches remain, so it's likely you can find one close to where you live or work.
Colorado
- 2050 E Evans Avenue, Denver
The U.S. Bank branch at the University of Denver officially closed in May, 2026. You can still find 14 branches in the Mile High City, but you might need to drive or take a bus to get there.
Iowa
- 504 39th Ave, Amana
U.S. Bank closed its Amana, Iowa, branch at the end of June, 2026. The closest branches to the unincorporated community are 20 to 30 minutes away in Cedar Rapids or Iowa City.
Ohio
- 231 Court Street, Hamilton
Although U.S. Bank closed the Court Street branch in Hamilton, Ohio, residents still have several locations they can access in the city.
Tennessee
- 333 Commerce Street, Nashville
The Commerce Street branch of U.S. Bank in Nashville closed in May, 2026. Luckily, there are still eight branches in Music City, so bank customers can access in-person service if needed.
Bottom line
It can be tough if your local bank branch closes, especially if you don't have any other branches nearby.
There are still ways to check up on your financial health, such as using a bank's app to deposit checks or review your deposits.
FAQs
What should I do if my branch is closing?
Check where the nearest branch is located, update any services tied to your current branch if needed, and consider whether your banking needs are better served by another bank. Use the branch locator on its website or mobile app to find the closest open location.
Why is U.S. Bank closing branches?
Like many banks, U.S. Bank is consolidating locations as more customers use online and mobile banking instead of visiting branches in person.
Should I consider switching banks if my local branch is closing?
If the closure makes it difficult to access in-person banking, it may be worth comparing checking accounts and branch availability at other financial institutions.
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