Banks switch to drive-through, ATMs to guard against COVID-19

Banks across the United States announced plans to close branches this week, switching many to drive-through and ATM operations only, as financial institutions work to keep going despite the coronavirus and widespread closures of schools and businesses.
New York followed California on Friday in announcing tough measures to combat the fast-spreading virus. New York will require all non-essential workers to stay home and all non-essential businesses to close. California has asked nearly 40 million people to stay home.
While businesses like nail salons, tattoo shops and indoor shopping malls must close, banks and related financial institutions are considered essential businesses and exempt from the New York and California closure orders.
Even if big cities were to issue more stringent "shelter in place" orders, bank sources said they expected ATMs and critical services, like trading and bank call lines, to keep operating.
The largest U.S. bank JPMorgan Chase & Co closed about 20 per cent of its branches earlier this week, and most PNC Financial Services Group, Truist Financial Corp, Fifth Third Bancorp and KeyBank closed branch lobbies and switched to drive-through and ATMs nationwide.

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