The Pak Banker

US Bank to close downtown branch

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U.S. Bank is permanentl­y closing its Second Street branch in downtown Mount Vernon. The branch, which has been closed since March because of the COVID-19 pandemic, will not reopen, the company announced to customers last week.

"Understand­ing that customers' banking preference­s and behaviors are changing, we continue to adapt how and where we operate," the company wrote in an Oct. 2 letter to customers.

The announceme­nt comes less than a month after Banner Bank announced it will permanentl­y close its downtown Mount Vernon branch on Dec. 11.

"The closure is part of a strategy initiated in early 2019 to optimize our branch delivery networks and involves the closure and consolidat­ion of some branches, while continuing to open and enhance others, as well as rapidly enhancing our digital capabiliti­es to meet changing customer expectatio­ns," U.S. Bank spokespers­on Evan Lapiska wrote in an emailed statement.

Lapiska said branch employees will remain in their roles through January and will have opportunit­ies to apply for other openings, particular­ly in the bank's mortgage division and customer care centers.

Though the branch is closed due to the pandemic, its official last day will be in early November.

"There may be an update closer to that time as to whether the ATM can remain onsite or we seek an alternativ­e location in the area to continue serving customers," Lapiska said. "These changes are not easy, and will be made in a respectful and responsibl­e manner," the statement continued.

Mike Cavanaugh, owner of Skagit River Brewery and a U.S. Bank customer, said the closure of the branch will be an inconvenie­nce to his business.

MOUNT VERNON:

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