Regions Bank announced Friday it is closing two North Florida branches as part of a nationwide consolidation effort.
The Birmingham, Alabama-based financial institution said it would close the 1600 Hendricks Ave. branch in Jacksonville and the branch at 1461 Kingsley Ave. in Orange Park by Oct. 27.
Regions spokesman Mel Campbell said while employees will have the opportunity to apply for positions at other branch locations, there is no guarantee everyone will be offered a job.
Campbell said the closures were made after “a careful review of our branches identified opportunities to consolidate based on traffic, volume, new technologies, location of other branches, profitability and other factors.”
He said San Marco customers can visit the Regions main branch Downtown at 51 W. Bay St., and Kingsley customers can be accommodated at the Orange Park branch at 570 Blanding Blvd.
The North Florida closures are part of a nationwide 22-branch consolidation, the company announced in its second-quarter earnings report released Friday.
Regions Financial Corp. reported a net income of $301 million, an 8 percent increase in earnings through the second quarter of 2017.
According to Regions, the company has consolidated 160 branches since the end of 2015.
Regions will continue to operate 16 branch locations in Jacksonville, Orange Park and the Beaches.
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