HELEN - As a belt tightening move, Regions Bank has announced the closing of 121 of its branches, including the one in Helen.
Evelyn Mitchell, a Regions spokeswoman, said the closings will take effect January 29 2010. It was not immediately clear how many other Georgia offices will be closed but some reports put the number at 16.
With the closing the company expects to realize future net cost saves of $21 million annually. Mitchell said employees at targeted branches will be relocated within the company.
The plans were announced as part of Regions third quarter earnings report.
"Regions is consolidating a total of 121 branches across its 1,900-branch footprint due to proximity to other locations or opportunity for performance improvement," according to the document. "These branches will be closed in early 2010 and will have minimal customer impact."
Story by BY DEAN DYER /WRWH
Wednesday, October 28, 2009
Tuesday, October 27, 2009
Weather Watches in effect
Check your County off the Main page of www.MyCountyAlerts.Com to see your Current Weather Watches and/or Warnings
Sunday, October 18, 2009
Habersham, White, and Dawson Counties Join in the Freeze WARNINGS
A Freeze WARNING is to Include Habersham, White and Dawson Counties until 9AM Monday Morning, October, 19, 2009. Rabun County is Alway under a Freeze Warning until the Same Time.
Saturday, October 17, 2009
Tuesday, October 13, 2009
FLOOD WATCH ISSUED until Midnight Wednesday
A FLOOD WATCH has been Issued for Rabun- Habersham- Stephens- Franklin- Hart- & Elbert Counties Until Midnight Wednesday
Subscribe to:
Posts (Atom)