Truist to Close 35 North Carolina Branches, Plans to Consolidate Commercial Presence in Downtown Winston-Salem | Local

0

In total, the banking commission’s website has Truist with 35 pending branch closures and consolidations in North Carolina.

This includes two branch closures in Asheville, Charlotte, Raleigh and Wilmington.

One branch is listed for Arden, Black Mountain, Cary, Chapel Hill, Clinton, Concord, Dunn, Durham, Fairmont, Fayetteville, Goldsboro, Hickory, La Grange, Monroe, Mooresville, Oxford, Plymouth, Salisbury, Shalotte, Statesville, Sylva, Wake Forest, Waxhaw, Waynesville,

When asked what the wait means in terms of merging or closing branches, the banking commission cited general statute 53C-6-17, which reads as follows:

“A bank may close a branch by giving written notice to the commissioner and customers of the branch at least 90 days before the proposed closure. The notice must include the date of the branch closure and posting, prominently on the local branch for a period of 30 days prior to the proposed closure date, a notice of its intention to close the branch.

“The combination of two or more branches in one location in the same neighborhood is not considered a closure subject to the 90-day and 30-day notice requirements of this section.”


Source link

Share.

Leave A Reply