The Fifth Third Bank building in downtown Grand Rapids has served as an ArtPrize venue. Photo via artprize.org
A bank has closed four of its branches in the region.
A spokesperson for Fifth Third Bancorp said today the closures, totaling seven statewide, were part of a nationwide pruning of 37 branches announced in September. Thirty-six shuttered their doors on Jan. 10, and one branch closed in November.
Seven closed branches in Michigan
2209 Plainfield Ave. NE, Grand Rapids
6081 B Drive N, Battle Creek
8910 Portage Rd., Portage
101 W. Monroe St., Bangor
2112 Jolly Road, Okemos
5430 State St., Saginaw
6615 Highland Rd., White Lake
In an effort to minimize staff reduction, some employees will be moved to nearby branches.
Spokesperson Larry Magnesen said the closings didn’t have a major impact on employment levels.
Magnesen said 61 percent of all transactions are being made through digital channels, reducing the need for as many physical branch locations.
“That’s absolutely the biggest factor,” Magnesen said.