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BRIEF-Citizens Community Bancorp says closing two branch offices to streamline operating efficiencies
March 27, 2017 / 8:06 PM / 4 months ago

BRIEF-Citizens Community Bancorp says closing two branch offices to streamline operating efficiencies

1 Min Read

March 27 (Reuters) - Citizens Community Bancorp Inc -

* Closing two branch offices to streamline operating efficiencies

* Bank expects to incur a minimal pretax charge during fiscal Q3 of 2017 related to branch closures

* Will begin to recognize full financial benefit of efficiency efforts immediately in fiscal q4 of 2017

* Will close two offices, one located in lake Orion, Michigan and one in Ridgeland, Wisconsin

* Believe branch closures will reduce direct non-interest operating expenses Source text for Eikon: Further company coverage:

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