Ameris announces Branch Closures

| September 29, 2015

AMERIS BANK

MOULTRIE — Ameris Bank’s parent company has announced branch closures in an effort to cut costs.

The bank will close branches “in close proximity to other branches” in an effort to cut operating costs by approximately $5 million, according to a bank release.

The bank announced that 10 branches will be closed.  President and CEO Edwin W. Hortman, Jr., stated in a release that they expected little impact on bank customers due to increased use of online banking and mobile banking services.

“We are confident that we can consolidate these ten branches and have little to no adverse customer service impact,” Hortman said.

This follows an earlier decision to leave the bank’s south Georgia roots and move the bank’s headquarters to Jacksonville. ┬áThe bank has benefited from acquisitions through the FDIC’s bank asset purchase program as scores of Georgia banks were shuttered after the historic financial collapse of 2008.

Bank of America has also been reducing their branch network, consolidating branches nationally, even selling many to Ameris.

The branches will be closed by the end of 2015 or soon thereafter, according to the bank’s release.

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