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Regions to close 63 branches in October, three in Alabama

Matt Boster

Viewed: 5733

Posted by: Matt Boster
Date: Jul 29 2016 9:21 AM

Regions Financial Corp. will be closing 60 branches nationwide before the end of the year as part of a cost-cutting strategy. 


There's more to come - these 63 are part of a plan to consolidate between 100 and 150 branches through 2018. 


"We continue to expect to be at the higher end of the range," CEO Grayson Hall said in a conference call, according to a transcript published on the website Seeking Alpha. 


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