Up to 45 branches of Hancock Back and Whitney Bank are slated for closure in the coming months, according to an announcement made Friday by Hancock Holding Co. President and CEO Carl J. Chaney.
The majority of the closures are expected to occur by Aug. 30, and will include branches in Alabama, Florida, Louisiana, Mississippi and Texas.
“These branch closures are part of the banks’ continuing proactive efforts to reposition market strategies, provide the financial services clients want in an efficient manner, and offer the convenient delivery channels clients prefer based on changing consumer habits and industry trends,” states a release issue Friday announcing the closures. “Many other institutions in the region and throughout the country are making similar changes.”
It is unclear whether the closures will include Whitney’s seven Lafayette branches. More information is expected in the coming weeks, according to Friday’s announcement.
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