11. SUSTAINABLE CITIES AND COMMUNITIES

Truist adds more Charlotte-area branches to list of looming closures – WSOC Charlotte

Written by Amanda

CHARLOTTE — Truist Financial Corp. is shuttering several more branches in the Charlotte market, according to filings with the North Carolina Commissioner of Banks.

The consolidation is part of a post-merger integration reaching the final stages.

Charlotte-based Truist confirmed the closures and said they would take effect in March.

The branches are:

  • 2211 W. Arbors Drive, Charlotte
  • 700 W. King St., Kings Mountain
  • 507 W. Innes St., Salisbury
  • 21 Main Avenue Drive, Taylorsville
  • 1908 Old Charlotte Hwy., Monroe
  • 118 N. Main St., Belmont

“With so many heritage BB&T and SunTrust branches in close proximity to one another, there are natural opportunities to reduce redundant branches with very little impact to our clients,” the company said in a statement to the Charlotte Business Journal.

These branch closures are in addition to 10 others set to take effect in mid-February. The bank is also relocating its uptown branch.

Read more here.

(WATCH BELOW: Bank of America cuts overdraft fees $35 to $10, eliminates others)

Source: wsoctv.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai