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
Old Bridge, N.J.-based Amboy Bank secured the Federal Reserve Bank of New York's approval to open a branch at 201 Applegarth Road in Monroe Township, N.J., according to a Federal Reserve release.
Amboy Bancorp. is the bank's parent company.
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Shippensburg, Pa.-based Orrstown Bank seeks to open a branch at 1324 Main St. in East Earl, Pa., according to a Federal Reserve release and the Pennsylvania Department of Banking and Securities' summary of activities.
The bank is a subsidiary of Orrstown Financial Services Inc.
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Altoona, Pa.-based Reliance Savings Bank secured the Pennsylvania banking regulator's approval to open a branch at 209 S. Walnut St. in Martinsburg, Pa.
The bank is a subsidiary of Reliance Bancorp Inc Reliance Bancorp MHC is the ultimate parent.
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Pennsylvania-based Somerset Trust Co. opened a branch in Norwin Town Square in North Huntingdon, Pa., according to a press release.
The Somerset Trust Holding Co. unit also plans to open a branch inside the North Huntingdon Walmart in August.
Moreover, the bank secured the state banking regulator's approval to open a branch at 161 12th St. in New Florence, Pa.
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Bedford, Pa.-based Hometown Bank of Pennsylvania is seeking the state banking regulator's approval to open a branch at 107 E. Allegheny St. in Martinsburg, Pa.
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Little Valley, N.Y.-based Cattaraugus County Bank plans to close its branch at 7 S. Main St. in Franklinville, N.Y., according to the New York State Department of Financial Services' weekly banking bulletin.
C.C. Bancorp Inc. is the bank's parent company.
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Manasquan Bank in New Jersey seeks to open two branches in the state, at 525 Route 72 in E. Stafford Township and at 540 Route 9 S. Little Egg Township, according to the New Jersey Department of Banking and Insurance's depository application activity report.
The bank is a subsidiary of MB Bancorp Inc. MB Mutual Holding Co. is the ultimate parent.
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Glenville, N.Y.-based TrustCo Bank Corp NY opened two branches. They are located in Mahopac, N.Y., and Winter Park, Fla., according to an investor presentation.
TrustCo Bank is a unit of the company.
Midwest
Lee's Summit, Mo.-based Central Bank of the Midwest obtained approval from the Federal Reserve Bank of Kansas City for a branch at 4209 E. 50th Terrace in Kansas City, Mo.
The bank a subsidiary of Central Banco. Inc.
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The Kansas City Fed approved Five Points Bank's application to open a mobile branch at 8500 S. 30th St. in Lincoln, Neb.
The Grand Island, Neb.-based bank is a subsidiary of Hometown Banc Corp.
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Elkader, Iowa-based Central State Bank, a subsidiary of AJJ Bancorp Inc., applied with the Federal Reserve Bank of Chicago for a branch at 805 22nd Ave. in Coralville, Iowa.
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Zanesville, Ohio-based Community Bank secured the approval of the Ohio Department of Commerce's Division of Financial Institutions to open a banking office in Newark, Ohio, according to the regulator's April report.
Specifically, the CommunityBanc Inc. subsidiary plans to open a branch at the northwest corner of Moull St. and 21st St. in Newark.
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De Graff, Ohio-based Buckeye State Bank is seeking the state banking regulator's approval to open a banking office at 9494 Wedgewood Blvd. in Powell, Ohio.
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Edwardsville, Ill.-based Scott CU is set to open a branch at the intersection of Interstate 170 and Ladue Road in Missouri, the St. Louis Business Journal reported.
This will be the credit union's first branch in the state, according to the report.
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Kansas City, Mo.-based Commerce Bank opened its first branch in Houston on April 16, the Houston Business Journal reported.
The bank is a subsidiary of CBI-Kansas Inc. Commerce Bancshares Inc. is the ultimate parent.
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Oak Creek, Wis.-based Tri City National Bank closed three branches in Wisconsin, according to the OCC's website.
The Tri City Bankshares Corp. unit closed its branches located at 2320 West Ryan Road in Oak Creek, at 2901 S. Chicago Ave. in South Milwaukee, and at 7401 W. Good Hope Road in Milwaukee.
Southeast
Richmond, Va.-based Virginia Commonwealth Bank is seeking the Federal Bank of Richmond's approval to establish a branch at 300 32nd St. in Virginia Beach, Va.
Bay Banks of Virginia Inc. is the bank's parent company.
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Tampa, Fla.-based Pilot Bank, a subsidiary of Pilot Bancshares Inc., applied with the Federal Reserve Bank of Atlanta for a branch at 2180 4th St. N. in Petersburg, Fla.
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Seminole, Fla.-based First Home Bank opened a full-service banking center in the Countryside area of Clearwater, Fla., according to a press release.
Specifically, the First Home Bancorp Inc. subsidiary's new branch is located at 2520 Countryside Boulevard off of U.S. 19.
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Fayetteville, Ark.-based Arvest Bank, a unit of Arvest Bank Group Inc., secured the Arkansas State Bank Department's approval to open a branch at the corner of E. 106th St. N. and N. 138th E. Ave. in Owasso, Okla., according to the regulator's website.
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Dyersburg, Tenn.-based First Citizens National Bank obtained approval from the Office of the Comptroller of the Currency to establish a branch at 2120 Northgate Park Lane, Suite 100 in Chattanooga, Tenn., according to the regulator's website.
First Citizens Bancshares Inc. is the bank's parent company.
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Sevierville, Tenn.-based Citizens National Bank, a unit of CNB Bancshares Inc., obtained the OCC's approval to open a branch at 4316 Evan Greene Plaza in Morristown, Tenn.
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Coral Gables, Fla.-based Mercantil Bank NA secured the OCC's approval to open a branch at 15151 NW 67th Ave. in Miami Lakes, Fla.
The Mercantil Bank Florida Bancorp Inc. unit also applied with the OCC for a branch at 1811 S. Federal Highway in Delray Beach, Fla.
Southwest
Abbeville, La.-based Gulf Coast Bank in December 2017 closed its branch at 1229 NW Evangeline Thruway in Lafayette, La., according to the Louisiana Office of Financial Institution's April bulletin.
The bank is a subsidiary of Gulf Coast Bancshares Inc.
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Alexandria, La.-based Red River Bank in April opened a banking center at 4112 Lake St., Suite 200 in Lake Charles, La., according to the state regulator's bulletin.
With the branch opening, the Red River Bancshares Inc. subsidiary closed its loan production office at 1400 Market St. in Lake Charles.
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Lake Charles-based Lakeside Bank, a unit of Lakeside Bancshares Inc., secured the state banking regulator's approval to open a loan production office at 1509 N. Pine St. in DeRidder, La.
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Beaumont, Texas-based Mobiloil Federal Credit Union opened a branch in Mont Belvieu, Texas, in November 2017, according to the credit union's annual report.
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Freer, Texas-based Brush Country Bank, a unit of AOB Ventures Inc., seeks to open a branch at 4900 N. 10th St., Suite G1 in McAllen, Texas, according to the Texas Department of Banking's website.
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Three Rivers-based First State Bank of Texas, a subsidiary of County Bancshares Inc., is seeking state regulatory approval to open a branch at 4039 I-10 E. in Orange, Texas.
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Houston-based Lone Star Bank opened a branch at 310 Main St. in Sealy, Texas, according to the state banking regulator's website.
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Killeen, Texas-based First National Bank Texas, a unit of First Community Bancshares Inc., secured the OCC's approval to open a branch at 4203 Red Bluff Road in Pasadena, Texas.
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Icon Bank of Texas NA in Houston, a unit of Icon Capital Corp., seeks to open a branch at 27200 FM 1093 Road in Fulshear, Texas, according to the OCC's website.
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Utah-based First National Bank of Layton notified the OCC of its plan to close its branch at 480 E. 400 S. in Salt Lake City.
FNB Bancorp is the bank's parent company.
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Denver-based Sunflower Bank NA, a unit of FirstSun Capital Bancorp, seeks to open a branch at 665 Flatiron Marketplace in Broomfield, Colo., according to the OCC's website.
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Texas-based First National Bank of Sonora, a unit of First Sonora Bancshares Inc., secured the OCC's approval to open a branch at 1570 River Road in Boerne, Texas.
