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KeyBank announces branch consolidation plan

Jul 12, 2016 12:02 am

Larry Rulison is reporting in the Times Union KeyBank announced Mon., Jul. 11, its plans to close 30 local bank branches, including 12 of its own, as part of its $4.1 billion deal to purchase First Niagara Bank of Buffalo. The branch consolidation plan will begin with the closure of 18 First Niagara branches in October, including its Catskill branch at 335 Main Street; the Nassau branch at 25 McClellan Drive; and, the Ravena branch at 20 Faith Plaza. The KeyBank branches scheduled to close in 2017 include the Copake branch at 179 County Route 7A; and the Fairview Plaza branch at 160 Fairview Ave. in Hudson. According to KeyBank, all branches to be closed are located within one mile of an existing branch. Read the full story in the Times Union.