U.S. Bank cutting 20 percent of Colorado branches, including two downtown

The U.S. Bank branch at 1625 N. Broadway will not reopen. The Minnesota-based company said Thursday that it is closing a total of 26 branches in the state. (BusinessDen file)

U.S. Bank is significantly reducing its physical footprint in Colorado.

On Thursday, hours after BusinessDen reported the company had closed its branch at 1625 N. Broadway, Minnesota-based U.S. Bank said it is closing a total of 26 branches in the state.

Nineteen of those branches are in what the company considers the Denver market.

As of June 30, U.S. Bank had 72 branches in the Denver metro area, and 136 in the state, according to the FDIC. Going off the statewide figure, the closures amount to just shy of 20 percent of the company’s branches.

In addition to 1625 N. Broadway, the local closures also include the branch at 1660 Wynkoop St., across from Union Station. That will reduce the company’s downtown Denver branch count to one: 950 17th St.

The bulk of the locations have been closed for months due to the pandemic and will not reopen. A handful of the affected branches are open for now but will close in January.

“These closures are part of previously discussed work that kicked off in early 2019 to optimize our branch delivery networks in response to changing customer preferences and behaviors,” U.S. Bank said in a statement to BusinessDen. “Although we are closing some branches, we are continuing to open and enhance others, as well as rapidly enhancing our digital capabilities.”

As of June 30, U.S. Bank was No. 2 in deposit market share in the Denver metropolitan area, according to FDIC figures. On a statewide basis, it ranked No. 4.

Other states where U.S. Bank operates are also seeing sizable branch cuts.

Here’s a list of the branches that have closed or are closing:

Firestone King Soopers: 6110 Firestone Blvd., Firestone

Louisville Safeway: 910 W. Cherry St., Louisville

Sky Ridge Safeway: 9229 E. Lincoln Ave., Lone Tree

136th and Zuni King Soopers: 2355 W. 136th Ave., Broomfield

South Havana Street Safeway: 1677 S. Havana St., Aurora

64th and McIntyre King Soopers – 15200 W. 64th Ave., Arvada

Chatfield and Wadsworth King Soopers: 8126 S. Wadsworth Blvd., Littleton

Mineral and Broadway Safeway: 181 W. Mineral Ave., Littleton

Children’s Hospital Colorado: 13123 E. 16th Ave., Aurora

Flatirons Mall: 605 Flatiron Marketplace Drive, Broomfield

Union Station Denver: 1660 Wynkoop St., Denver

Denver Uptown: 1625 Broadway, Denver

Larkridge: 16711 Washington St., Broomfield

South Broadway: 1248 S. Broadway, Denver

Boulder Downtown: 1495 Canyon Blvd., Boulder

Greenwood Village: 7801 E. Arapahoe Road, Englewood

Briargate & Union King Soopers: 9225 N. Union Blvd., Colorado Springs

Pueblo Albertsons: 1601 W. U.S. Highway 50, Pueblo

Constitution Avenue Safeway: 2890 N. Powers Blvd., Colorado Springs

Centerplace Drive Safeway: 4548 Centerplace Drive, Greeley

Timberline & Drake King Soopers: 2602 S. Timberline Road, Fort Collins

El Jebel: 400 E. Valley Road Suite K, Carbondale

Wildcat Reserve King Soopers: 2205 W. Wildcat Reserve Pkwy., Highlands Ranch (closing in January)

Miramonte King Soopers: 1150 U.S. Highway 287, Broomfield (closing in January)

Castle Rock King Soopers: 5544 Promenade Pkwy., Castle Rock (closing in January)

Cedaredge: 105 S. Grand Mesa Drive, Cedaredge (closing in January)

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Steve Allensky
Steve Allensky
6 months ago

One of the main reasons I ever used US Bank was the convenient branches in the King Soopers! After they never re-opened those I closed my accounts.