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U.S. Bank Branch Closures and Banking Deserts

This report examines banking deserts — neighborhoods with no bank branches nearby — and potential banking deserts across the United States since the onset of the COVID-19 pandemic.

Featured Work

Banking Deserts Dashboard

This dashboard published by Fed Communities provides a view of banking deserts — areas with no bank branches nearby — and potential banking deserts in communities across the United States.

Small Business Credit Survey: 2023 Insights from New Jersey, Pennsylvania, the Philadelphia Metro, and the Third District States

Using data from the Fed’s Small Business Credit Survey: 2023 Report on Employer Firms, four briefs offer a snapshot of small business conditions in our District.

Bank Branch Closures and Banking Deserts in the Third Federal Reserve District States

This report finds that the loss rate of bank branches in the Third District states of Pennsylvania, New Jersey, and Delaware more than doubled during the pandemic.

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Community Profiles

The Community Development and Regional Outreach Department has compiled information on each region within the Third Federal Reserve District and has developed a suite of materials that the department calls community profiles.

Updated: 18 Jul ’23

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Consumer Credit Explorer

The Consumer Credit Explorer (CCE) is an interactive tool for examining trends in consumer credit use at the regional, state, and national levels.

Updated: 12 Feb ’24