Citizens Bank is preparing to exit eight branches, six of which are in New York, while Bank of America (NYSE: BAC ) is reducing its footprint with five closures in states such as Texas and Massachusetts. Smaller financial institutions like Sterling, First National Bank of Hughes Springs, and Aroostook County FS&LA are likewise downsizing with individual branch shutdowns. The pattern of branch closures reflects a shift in the banking industry as institutions adapt to changing customer behaviors, such as the increased use of digital banking services.