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Regions to close branch

A more efficient Regions Bank is the aim of the company as the Main Street branch in Thomson gets set to close on Dec. 30.

According to Central Georgia Bank of Regions President Jimmy Rigsby - who is based in Thomson - the company as a whole is looking to reorganize its branch system and better utilize its resources, especially in instances like Thomson where there are three locations.

"Those that are in close proximity to other offices that we feel like can handle the business, we're looking real hard at all of those throughout the 15 states that Regions happens to be in," Mr. Rigsby said. "...From an efficiency and from a cost standpoint we just did not think that three branches were necessary in the city of Thomson."

About half of the branch's 10 employees will be displaced, according to Mr. Rigsby. He said the rest will be split between the Hill Street and Washington Road locations.

Mr. Rigsby added that the decision to close the branch was a difficult one. He said that the closing should not affect the bank's local customers.

"We're sorry that it's happened, but we do not intend to let it have any effect on what Region's does and means to this community," Mr. Rigsby said. "We'll continue to support it in every possible way that we can."



Web posted on Thursday, October 6, 2005











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