Think about the last time you needed to send money to someone, pay a bill, or check your account balance.

Odds are, you didn’t go to a branch or even pick up the phone—you just pulled out your phone or laptop and handled it in seconds.

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Thanks to the rise of mobile banking and digital payment platforms, managing your finances is now possible from your couch, your car, or even while waiting in line for coffee.

There’s no more standing in long queues or rushing to beat bank hours. Convenience has officially taken over.

Those little plastic debit cards we used to carry around? Becoming more optional by the day.

READ MORE: Popular National Bank Announces Closure Of Many NJ & NY Branches

Services like Apple Pay, Google Pay, and other mobile wallets have changed the game. You can now tap your phone or smartwatch at a register and be on your way—no fumbling for cards, no physical wallet required.

A recent study in 2023 found that more than two-thirds of Americans have embraced online banking as their go-to method. And the trend is only gaining momentum.

In fact, over 1,000 bank branches shut down in the U.S. last year alone. These weren’t just small-town spots—many were in major cities and suburban hubs.

Not surprisingly, younger generations are in charge of this digital transition. Here’s a breakdown of how age groups are handling their money:

• Ages 25–34: Roughly 85% use digital platforms as their primary banking method
• Millennials (25–40): Around 60% prefer banking from their phones
• Gen Z (under 25): 57% rely on mobile apps to manage money
• Gen X (40s–50s): 52% are app-first in their banking habits
• Boomers (late 50s to early 70s): 39% bank online
• Seniors 65+: About 47% have made the digital switch

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While it’s clear digital banking is the future, there are still situations where walking into a branch is necessary.

Some things—like opening a safety deposit box, getting a certified check, or meeting with a financial advisor—still require that personal touch.

Step into a bank today and the first thing you’ll probably notice is how quiet it is.

Gone are the long lines and busy counters. Many locations are short-staffed, and even drive-thru services are replaced by sleek, multifunction ATMs.

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So, what’s behind all these closures?

Banks are rapidly shifting toward digital-first operations.

By reducing the number of physical locations and cutting staffing costs, they can streamline services and invest more in tech infrastructure.

This is a business move—and one that’s changing the landscape of banking for good.

PNC Bank is the nation's seventh biggest bank with over 2,300 branches across 27 states.

According to The Street, PNC lost over $20 billion in 2024.

To make up for the losses, the big bank announced that the following New Jersey branches have closed or will be closing soon.

424 Broad Street / Bloomfield

3111 Quakerbridge Road / Hamilton

1184 Main Avenue / Clifton