Truist is closing four bank branches across Washington and Frederick counties early next year, with two locations shutting down in the Hagerstown area and two more in Frederick County. The closures are set for Tuesday, Feb. 9, 2027, giving customers a few months' notice before the doors lock for good.
The news was confirmed Tuesday by Truist spokesperson Brian Davis, as reported by The Herald-Mail.
Truist operates a 40 West Branch in Frederick at 1370 W. Patrick St., according to the bank's own Truist branch locator, though there is no confirmation that this particular location is among the four slated to close in February.
Part of a Broader Industry Pattern
This isn't the first time Truist has trimmed its branch footprint. The bank previously moved to close 72 locations, or roughly 3.5% of its network, as part of a cost-cutting push aimed at shaving $750 million off gross costs over 12 to 18 months, per a report from Banking Dive. That earlier round of cuts was described by the company as a response to shifting client behavior, foot traffic and transaction volume, and it was expected to hit branches in Maryland along with Alabama, Georgia, Kentucky, North Carolina and West Virginia.
Truist has closed Maryland-area branches before. Back in 2023, the bank announced plans to shutter its Reston and Springfield locations in Virginia early the following year, according to FFXnow. That same report noted 11 branches across the D.C. region were slated for closure that March, with five in D.C., four in Prince George's County and two in Fairfax County.
National Branch Counts Tell a Mixed Story
The broader banking landscape has seen some surprising shifts recently. The Herald-Mail's report on these new closures lands against a backdrop where the national bank branch network actually grew for the first time in 15 years. The National Community Reinvestment Coalition found that the network added 71 branches in the fourth quarter of 2025, breaking a streak of uninterrupted contraction that had lasted a decade and a half, per NCRC's research.
That modest growth continued into early 2026, with 267 full-service branches opening between January and March while 217 closed, producing a net gain of 50 locations nationwide, NCRC reported. Still, the organization noted that the overall pace of closures has roughly doubled since the pandemic, climbing from about 99 closures per month in the decade before COVID-19 to more than 200 per month since.
For now, the specifics of which four buildings in Hagerstown and Frederick County will go dark remain limited to what Truist's spokesperson has confirmed: two in each area, both closing on the same February date. Customers in both counties will likely be watching for further detail from the bank in the coming months.
