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First Citizens Bank announces closing of Yelm branch

– Yelm set to lose First Citizens Bank
First Citizens Bank will close their Yelm Branch on November 16, 2016, leaving only two branches left in Washington State: Fircrest and Lacey, plus an ATM-only facility in Eatonville according to a spokeswoman for the North Carolina-based bank earlier today.

First Citizens Bank & Trust Co. of Raleigh, N.C., has operated in South Sound since Sept. 11, 2009, upon acquisition of Venture Bank of Lacey, a failed bank that was closed by state regulators and sold to First Citizens in a deal brokered by the Federal Deposit Insurance Corporation.

First Citizens in Thurston County, after the Yelm branch closes, will have a branch only in Lacey, and Yelm customers may access all banking services there:
Lacey Main Branch
721 College St SE
Lacey, WA 98503

Editor’s Note:
This blogger will miss the smiling faces of long-time employees who served First Citizens customers and their predecessor Venture Bank. I wish them well in their future endeavors.
This bank’s closing marks a sad end to a long history of this banks incarnations led by poor decision-making in management and in leadership involving several big names from around Yelm.
Unless another financial institution comes to Yelm, we will see another empty building in our midst.
Read more

Posted by Steve on August 25, 2016 at 12:34 pm | Permalink

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