Orange officials fight loss of TD Bank, town left with one credit union

  • Recorder Staff/Domenic PoliThis TD Bank location at 30 East Main St. in Orange will join the TD Bank location at 2156 Main St. on Nov. 10.

  • Recorder Staff/Domenic PoliThis TD Bank location at 30 East Main St. in Orange will join the TD Bank location at 2156 Main St. on Nov. 10.

Recorder Staff
Published: 9/8/2016 11:40:37 PM

ORANGE — The TD Bank at 30 East Main St. will close on Nov. 30 and merge with the location at 2156 Main St. in Athol — a decision that Orange town officials hope to reverse.

Lisa Sawicki, a spokeswoman for TD Bank, said normal operations will continue at both spots until the transition is complete and bank employees will work directly with customers to provide any needed support through the change.

Sawicki said the decision was based on various factors, including customer traffic patterns and store transaction volumes. She said the decision “is in line with our commitment to grow locations and services in the way that will create the best experience for the approximately 8 million TD Bank customers from Maine to Florida.”

But the Orange Selectboard has written to TD Bank’s director for district licensing, stating that closure of the East Main Street branch would hurt Orange residents. The letter also cites news of investment in a 63-apartment project slated for downtown and expanded municipal parking at the Orange Innovation Center.

The selectmen ask that the national bank, if reversing its decision is impossible, consider retaining an ATM somewhere in Orange. The letter states TD Bank is the only commercial bank in town.

“Driving six miles to the Athol location will present a hardship to your customers, our citizens,” the letter states. “While continuing a branch in Orange is ideal, retaining an ATM would at least allow customers to keep their TD Bank accounts and have access to funds in town without paying expensive fees at a local credit union or convenience store ATMs.”

Kevin Kennedy, Orange’s director of community development and planning, said the Workers’ Credit Union branch at 32 New Athol Road is the only other banking institution in town.

Sawicki said no layoffs are planned.

“We continue to communicate significant decisions to employees as soon as we can, and we expect to help many employees find jobs internally,” she said via e-mail. “Eligible employees impacted by this decision will have the opportunity to be considered for other positions throughout the bank, including any openings in the area. The decision to close this store is in no way a reflection of the performance of our employees.”

Sawicki no decision has yet been made regarding the future of the building at 30 East Main St.

You can reach Domenic Poli at: dpoli@recorder.com or 413-772-0261, ext. 258. On Twitter: @DomenicPoli




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