Fayette will start the new year without a bank following an announcement last week by Huntington Bank. Huntington intends to close 26 branch banks by Dec. 30, including the main Fayette office and the drive-through location.
“Like any good retailer, Huntington regularly reviews and fine-tunes its distribution network, and makes adjustments and improvements to provide our customers with great service and convenience,” public relations director Maureen Brown said Tuesday. “Branches are reviewed for customer traffic patterns, transaction trends and proximity to nearby Huntington branch locations.”
Huntington locations will still be available in Archbold and Wauseon, Brown said.
She added that banking services are increasingly available through mobile devices such as cellular phones and tablets.
Employees of the branches that are closing will be considered for other employment opportunities within Huntington.
The 26 consolidations are spread among a six-state territory, Brown said, and noted that the firm has invested in 132 in-store locations that offer evening and weekend hours.
At a Fayette Chamber of Commerce meeting last week, discussion about the closure included a report that at least two other banking firms have expressed interest in buying the Fayette location.
“It is our policy not to comment on possible transactions,” Brown said.
Fayette’s bank was formerly part of Sky Financial Group until the Huntington purchase was made final in July 2007. That merger led to the closure of about three dozen branch offices.