BB&T Bank announces closing of Farmington branch

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BB&T Bank has announced that their Farmington branch at 3300 Husky Highway will be closing on November 16.

Vice President of Corporate Communications, David White spoke about the decision to close the branch in an email.

“We never take the decision to close a financial center lightly,” White said. “But after much consideration, we’ve decided to close the Farmington Branch at 3300 Husky Highway on November 16, 2018.”

However, BB&T customers of the closing branch will not have to travel far for their banking needs following the branch closing in November. “We’re ready to serve those clients at the Fairmont branch at 401 Fourth Street, which is about a fifteen-minute drive [from the Farmington branch] and are encouraging them to visit us there,” White said in his email.

White also had some good news for those employed at the Farmington branch. “We don’t expect any layoffs as a result of this branch closing. Most of our associates wil move to the receiving financial center to serve those same clients,” White said.

“We recognize that any business closing can be an emotional issue for a community,” White said. “More and more, though, our clients are choosing to conduct their banking business digitally both here at BB&T and in the financial industry as a whole. While branches are still an important part of BB&T’s business model, we’re currently evaluating all of our locations in terms of client-use and convenience within the markets we serve.” 

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