Wednesday, May 18, 2011

BancorpSouth to shutter 23 branches in 6 states 05/18/11

has released a list of the 23 bank branches in six states that it will close this summer as part of a plan to consolidate operations.

Earlier this week, BancorpSouth said the branches hadn't seen enough growth to cover their operating expenses. The closings will begin in early August. About 100 employees will be affected.

The branch closings are:

In Alabama, the branch in Albertville.

In Arkansas, branches in Camden, Chidester, El Dorado, Hope, Humnoke, Humphrey, Mountainburg, Paragould and Texarkana.

In Missouri, the branch in O'Fallon.

In Mississippi, branches in Ecru, Edwards, Hamilton, Houlka, Laurel, Tupelo (2), Utica.

In Tennessee, branches in Henning, Jackson (2).

In Texas, branch in Maud.

Louisiana and Florida were spared any cuts.

The closings must be approved by federal and state regulators.


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