Comerica Bank's headquarters for the metro Muskegon market in Norton Shores doubles as a branch. Courtesy Comerica
A bank is closing several branches in West Michigan and 16 total across the state.
A pair of Comerica Bank branches in Grand Rapids, at 1835 Breton Rd. SE and 2500 Alpine Ave. NW, will be consolidated in April.
Additionally, branches in Battle Creek, at 1535 West Michigan Ave., and Montague near Muskegon, at 4555 Dowling St., also will be consolidated in April.
The closures are part of the bank’s nationwide efforts to cut expenditures, which it announced in July.
The Michigan closings account for nearly half of Comerica’s planned 38 consolidations across the nation, which make up about eight percent of the bank’s network.
Comerica expects the consolidations will result in $10 to $13 million in annual savings.
More than 200 Comerica employees nationwide will be affected by the consolidations. They will have the opportunity to apply for other positions at the bank. If they’re unable to find a new role with Comerica, they’ll be eligible for severance packages and outplacement assistance.
Kathleen Pitton, Comerica VP of corporate communications in Detroit, said in an email the consolidations are in part a reaction to customers migrating to broader use of digital and mobile banking applications.
Pitton added the branches chosen for consolidation were selected after a “robust analysis” of the bank’s network.
“This decision was not reached lightly,” she said.
22000 Northwestern Hwy., Southfield
13650 Michigan Ave., Dearborn
23208 Van Dyke Ave., Warren
24525 Plymouth Rd., Redford Charter Township
In April 2017:
901 S Creyts Rd., Lansing
4555 Dowling St., Montague
1835 Breton Rd. SE, Grand Rapids
2500 Alpine Ave. NW, Grand Rapids
370 Ross St., Beaverton
401 S Saginaw Rd., Midland
2005 S Jackson Rd, Jackson
1535 West Michigan Ave., Battle Creek
In May 2017:
44560 Ann Arbor Rd., Plymouth
39200 Hayes Rd., Clinton Township
39400 Woodward Ave., Bloomfield Hills
Canton Mart (in-store banking center), Canton