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First National Bank to close Phelps branch

First National Bank of Eagle River announced that following the end of business July 25, the Phelps branch, located at 4534 Highway E, will be closed and consolidated with the Eagle River office.

After a thorough analysis, bank officials determined that lobby and drive?through transactions have declined at the Phelps branch whereby it is no longer economically viable to maintain a branch presence and consolidation is the best way to focus resources to meet changing customer needs.

“The decision to consolidate this branch was extremely difficult

Tuesday, April 29, 2014 1:47 PM
 

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