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Bank of America will close two area branches



For The Recorder
Thursday, December 28, 2017

Bank of America will close two local branches early next year, one in Easthampton and another in South Hadley.

Representatives from the South Hadley branch at 477 Newton St. and the Easthampton branch, at 52 Main St., confirmed the offices will be closing on March 27, 2018.

“We constantly adapt our financial center network to fit clients’ changing needs and habits,” Trevor Koenig, the bank’s northeastern region spokesperson, said in a statement.

One of those changing habits, from banking in person to conducting transactions online, is a partial reason why the company is closing branches, according to Koenig. The bank has more than 34 million online consumers, he said.

“As more clients do their traditional banking outside of financial centers, financial centers are increasingly used to address more substantial yet infrequent client needs, like planning for retirement, securing a loan or establishing a banking relationship for their small business,” Koenig said.

Bank of America has about 4,500 locations in the United States and over 200 in Massachusetts. Koenig suggested that Easthampton customers might find the branches in Northampton and Holyoke convenient, while Holyoke and Chicopee branches might be closest for South Hadley customers.