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Bricks and mortar: Branch news through Oct. 17

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Bricks and mortar: Branch news through Oct. 17

S&P Global Market Intelligence rounds up notable branch openings and closings over the past week. This wrap excludes certain moves by banks with more than $5 billion in assets and certain credit unions.

Mid-Atlantic

Newburgh, N.Y.-based Empire State Bank, a unit of ES Bancshares Inc., applied with the New York State Department of Financial Services to open a branch at 1698 Victory Blvd., Staten Island borough, in New York City, according to the state banking regulator's weekly banking bulletin.

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Capital Bancorp Inc. unit Rockville, Md.-based Capital Bank NA applied with the Office of the Comptroller of the Currency for a branch at 10700 Parkridge Blvd., Suite 180, in Reston, Va., according to the regulator's website.

Midwest

Sparta, Mich.-based ChoiceOne Bank, a unit of ChoiceOne Financial Services Inc., obtained the approval of the Federal Reserve Bank of Chicago to open a branch at 330 Market Ave. S.W. in Grand Rapids, Mich., according to a Federal Reserve release.

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Ashland, Ky.-based Town Square Bank, a subsidiary of Poage Bankshares Inc., applied with the OCC for a branch at 3012 Anchor Drive, Suite 200, in Hamilton, Ohio.

Northeast

Massachusetts-based Reading Cooperative Bank secured the Massachusetts Division of Banks' approval to close its branch at 300 Trade Center in Woburn, Mass., according to the state banking regulator's September activity report.

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Brockton, Mass.-based HarborOne Bank (MHC) notified the state banking regulator of its plan to open a branch at 470 Washington St. in Stoughton, Mass.

The bank is a unit of HarborOne Bancorp Inc (MHC), which is owned in part by HarborOne Mutual Bancshares.

* * *

Roslindale, Mass.-based Cooperative Bank notified the state banking regulator of its plan to open a branch at 3525 Washington St. in Boston's Jamaica Plain neighborhood.

Southeast

Seminole, Fla.-based First Home Bank, a unit of First Home Bancorp Inc., secured approval from the Federal Reserve Bank of Atlanta to open a branch at 2520 Countryside Blvd. in Clearwater, Fla.

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Reston, Va.-based John Marshall Bank, a unit of John Marshall Bancorp Inc., applied with the Federal Reserve Bank of Richmond for a branch at 1401 H St. N.W., Suite 702, in Washington, D.C.

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The California Department of Business Oversight did not object to Jacksonville, Fla.-based Florida Capital Bank NA's plan to open an office at 5 Upper Newport Plaza Dr. in Newport Beach, Calif., according to the state banking regulator's October bulletin.

The bank is a subsidiary of Florida Capital Group Inc.

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Charleston, W.Va.-based City National Bank of West Virginia plans to begin construction of a branch on Pineview Drive in Morgantown, W.Va., in early 2018.

The branch is slated to open in late spring 2018, according to a press release.

The bank is a unit of Cross Lanes, W.Va.-based City Holding Co.

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Miami-based Pacific National Bank opened a branch at 18205 Biscayne Blvd. in Aventura, Fla., according to the OCC's website.

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Independence, Va.-based Skyline National Bank applied with the OCC for a branch at 1055 Mt. Jefferson Rd. in West Jefferson, N.C.

Floyd, Va.-based Parkway Acquisition Corp is the bank's parent company.

Southwest

West Jordan, Utah-based Mountain America FCU opened a branch at 3565 S. Gilbert Rd. in Gilbert, Ariz., according to a press release.

West

Victor, Mont.-based Farmers State Bank, a subsidiary of Farmers State Financial Corp., obtained the Federal Reserve Bank of Minneapolis' approval for a branch at 1040 Partridge Place in Helena, Mont.