Wells Fargo to Close Larchmont Branch

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Wells Fargo Bank, NA announced it will close its Larchmont Palmer branch, at 1940 Palmer Avenue, in November.

The announcement says only that it is “consolidating the Larchmont Palmer Store and Larchmont Boston Post store into one Wells Fargo store.”

Bloomberg News reported in 2012, “Wells Fargo & Co., the most valuable U.S. lender, may close or consolidate outlets as it examines ways to trim costs, according to its chief financial officer. Wells Fargo could shut branches near each other or move some wealth-management or mortgage employees into those offices.”

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