As of Friday, January 18, 2013
© Copyright 2013
Albany Herald
LEESBURG, Ga. -- A planned reorganization of Moultrie-based Ameris Banks throughout the southeast will include the closing of a Leesburg branch and a drive-through location in Cordele.
Ann Stanton, associate vice president of marketing for Ameris, said Friday that customers of the branches that are set for consolidation have already been informed of the planned mergers.
"We are planning on merging the Lee County branch with the Albany branch," Stanton said. "It's really just to improve efficiency and to be able to better serve our customers."
The closures will be completed by March, she said.
In December, Ameris announced restructuring plans that are expected to reduce its annual operating expenses by roughly $12.1 million.
The bank will consolidate, sell or close at least 13 of its 66 branches. According to Ameris' website, these smaller branches collectively represent 2.9 percent of the company's total loans and 5.4 percent of the company's total non-CD deposits, as of Sept. 30, 2012.
The company is also developing efficiency plans for its remaining branches in an effort to streamline operations and provide a higher level of customer service, Stanton said.
More like this story
- Ameris Bancorp continues expansion ( November 15, 2010 )
- Heritage Financial now stock holding company ( March 19, 2010 )
- Heritage Financial reorganizing into full stock holding company ( March 19, 2010 )
- Herald parent company emerges from chapter 11 ( December 8, 2009 )
- Lee consolidation unlikely ( November 20, 2010 )


Comments
FryarTuk 3 months, 4 weeks ago
Very interesting.
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