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Home»Banking»Bank branches affected by LA wildfires
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Bank branches affected by LA wildfires

February 3, 2025No Comments2 Mins Read
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Bank branches affected by LA wildfires
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The recent devastating wildfires in Los Angeles have caused an estimated $135 billion-$150 billion dollar loss and impacted nine bank branches in the region as of Jan. 14. 

Six of these branches belong to the four largest U.S. banks, with two from JPMorgan Chase, two from Bank of America, one from Wells Fargo and one from Citibank. The oldest branch that closed was a U.S. Bank branch that opened in 1928. 

Read more about the bank branches affected by the Los Angeles wildfires, including their addresses and the total deposits assigned to each location according to the FDIC’s Summary of Deposits.

Source: S&P

Bank branches affected by LA wildfires

Bank Name Address Branch open date Total deposits YOY deposit change
JPMorgan Chase 15200 W Sunset Blvd. 06/30/1987 424,000,000 -5.7%
Bank of America 15314 W Sunset Blvd. 09/21/1962 352,800,000 -16.3%
Wells Fargo 15240 W Sunset Blvd. 09/04/2008 345,000,000 -10.1%
Bank of America 2345 Lake Ave. 12/30/1957 204,300,000 -6.6%
JPMorgan Chase 2333 Lake Ave. 10/30/1934 202,300,000 -2%
U.S. Bank 15305 W Sunset Blvd. 01/01/1928 171,700,000 14.9%
First Citizens Bank 15135 W Sunset Blvd. 01/10/1929 155,400,000 -7.4%
Citibank 15215 W Sunset Blvd. 10/01/1934 149,000,000 -7.5%
RBC 15273 W Sunset Blvd. 05/23/2011 74,800,000 4.5%

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See also  How long does it take to get a small business loan from a bank?
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