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WIld Mountain 12-8-13

home : news : news May 25, 2016

9/6/2013 3:12:00 PM
End of line for Center City bank and Lake Area-Almelund closing

The Central Bank branch in Center City closes this week. As we reported earlier this year the banking conglomerate is consolidating its physical bank facilities and will close Center City Friday, Sept. 6. Accounts and most staff members will go to other banks.

The bulk of Center City business will be rolled into the Central Bank branch in Chisago City. In other banking news-- Lake Area Bank has announced it is closing the Almelund branch. In a letter that the bank distributed it was reported the Almelund and Maplewood locations of Lake Area will close effective December 1. Existing employees will be retained at other branches. Lake Area Bank has sites in Lindstrom, Forest Lake, Harris, Hugo, Stillwater and White Bear Lake.





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WIld Mountain 12-8-13

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