Wells Fargo Closes Bon Air Branch | Richmond News

Wells Fargo is shutting down its Bon Air branch — the second-highest deposit hub in Chesterfield — as part of a broader strategy to shrink its physical footprint in Richmond, down from 56 branches five years ago to just 38 after this closure. Despite the cuts, the bank still holds the second-largest deposit share in the market, behind Bank of America, signaling a shift toward fewer, more strategically placed locations. Former branches are being repurposed — some as training centers, others taken over by rival banks — proving even shuttered bank buildings can find new life in the community. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/88406ef341f87b54