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Bricks and mortar: Bank Mutual to close 2 branches in Wisconsin


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Bricks and mortar: Bank Mutual to close 2 branches in Wisconsin

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.


Warren, Pa.-based Northwest Bank seeks to open a branch at 1228-1242 Jefferson Ave. in Buffalo, N.Y., according to the New York State Department of Financial Services' weekly banking bulletin.

The bank is a unit of Northwest Bancshares Inc.

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Englewood Cliffs, N.J.-based ConnectOne Bank seeks to obtain the state banking regulator's approval to open a branch at 36-19 Broadway in Queens, N.Y.

ConnectOne Bancorp Inc. is the bank's parent company.

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New York-based Catskill Hudson Bank, a unit of Catskill Hudson Bancorp Inc., closed its office at 157 Stockade Drive in Kingston, N.Y., in February, according to the New York banking regulator.

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Canton, N.Y.-based North Country Savings Bank applied with the New York banking regulator for a representative office at 83 Margaret St. in Plattsburgh, N.Y.

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Glen Head, N.Y.-based First National Bank of Long Island secured approval from the Office of the Comptroller of the Currency to open a branch at 559 86th St., Bay Ridge in Brooklyn, N.Y., according to the regulator's website.

In 2017, the First of Long Island Corp. subsidiary opened four branches in New York. Specifically, the bank opened a branch at 151 W. Main St. in East Islip, Town of Islip in February 2017; at 234 Main St. in East Setauket in July 2017; at 254-57 Horace Harding Expressway in Queen's Little Neck neighborhood in December 2017; and at 23-25 31st St. in Queen's Astoria neighborhood in December 2017, according to the company's annual report.


Brown Deer, Wis.-based Bank Mutual is set to close two branches in Wisconsin this summer as part of its merger with Associated Banc-Corp, the Beaver Dam (Wis.) Daily Citizen reported.

Specifically, the bank will close its branch at 130 W. Maple Ave. in Beaver Dam, and its branch at 145 E. Cook St. in Portage, according to the report.

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Millersburg, Ohio-based CSB Bancorp Inc. on Dec. 11, 2017, opened a full-service banking center at 119 W. High St. in Orrville, Ohio, according to the company's annual report.

The parent company of Commercial and Savings Bank of Millersburg Ohio consolidated two facilities it has been leasing in the greater Orrville area into a newly constructed banking center on property that it owns in downtown Orrville.

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Wichita, Kan.-based Southwest National Bank, a unit of Republic Financial Corp., opened a branch at 3101 S. Seneca St. in Wichita, according to the OCC's website.

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Manitowoc, Wis.-based Bank First National, a unit of Bank First National Corp., filed a branch closing notice with the OCC related to its branch at 1224 N. Hobart in Pampa, Texas.


Richmond, Va.-based VCC Bank obtained the Federal Reserve Bank of Richmond's approval to open a branch at 110 Peppers Ferry Road NW in Christiansburg, Va., according to a Federal Reserve release.

The bank is majority-owned by Christiansburg-based Virginia Community Capital Inc.

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Timberville, Va.-based Farmers & Merchants Bank is seeking the Richmond Fed's approval to open a branch at 2782 Stuarts Draft Highway in Stuarts Draft, Va.

The F & M Bank Corp. subsidiary in 2017 opened a branch in Fishersville, Va., according to the company's annual report.

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Myrtle Beach, S.C.-based South Atlantic Bancshares Inc., the parent company of South Atlantic Bank, opened an office in E. Bay St. in Charleston, S.C., in August 2017, according to the company's annual report.

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Coral Gables, Fla.-based Mercantil Bank NA, a unit of Mercantil Bank Florida Bancorp Inc., plans to open a branch at 2301 Glades Road, Bay 200 in Boca Raton, Fla., according to the OCC's website.

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Chartway FCU is set to close eight branches inside Farm Fresh stores in Norfolk, Virginia Beach, Chesapeake, Portsmouth and Suffolk — all in Virginia — on April 20, reported.

The Virginia Beach-based credit union is looking for a possible location for a new branch in Suffolk, the report added.


The Texas Department of Banking approved Texas Heritage Bank's application to open a mobile branch at 1100 Grand Blvd. in Boerne to service a retirement village, according to the state banking regulator's website.

The Boerne, Texas-based bank is a subsidiary of Southwestern Bancorp Inc.

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Texas Regional Bank of Harlingen, a unit of Texas State Bankshares Inc., opened a branch at 333 E. Highway 290, Ste. 350 in Dripping Springs, Texas, according to the state banking regulator's website.

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Ralls, Texas-based Vista Bank, a unit of Vista Bancshares Inc., opened a branch at 6801 Preston Road in Dallas, according to the state banking regulator's website.

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Houston-based Golden Bank NA secured the OCC's approval to open a branch at 105 E. Valley Blvd. in Alhambra, Calif.


Modesto, Calif.-based Self-Help FCU will break ground on a branch in Apopka, Fla., on March 22, The Apopka Voice reported.

The branch, located at 667 W. Orange Blossom Trail in Apopka, is expected to open this 2018, according to the credit union's website.