Fulton Financial closing three branches in Central Pa.
Fulton Financial Corp. is trimming three Central Pennsylvania bank branches in early 2019 as customers are turn to digital banking services and use branches less often.
The Lancaster-based holding company said two Fulton Bank branches in Lancaster County and one in Dauphin County will be consolidated into other local branches in those areas. The closings will take effect on Feb. 22, said Stacey Karshin, a spokeswoman for Fulton Financial.
The effected branches are located in Denver and Strasburg Township in Lancaster County and Lower Paxton Township in Dauphin County. The latter is considered the Colonial Park branch for Fulton.
"We continue to keep our customers' needs in mind when we make these decisions," Karshin said. "Primarily, these decisions are based on our evaluation of changing customer banking patterns, as customers are relying more on electronic services such as direct deposit, remote deposit, mobile and online banking. To ensure we can continue to serve the community's needs, we also factor in the proximity of other Fulton Financial branches."
In April, Fulton Financial closed a Fulton Bank branch in Lemoyne, Cumberland County.
Fulton Financial has about $20.4 billion in assets. The company currently operates four community banks with about 240 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia. Fulton Bank is the company's largest bank brand with about 128 branches.
Earlier this year, Fulton Financial announced a plan to consolidate two other subsidiaries — FNB Bank in Danville and Swineford National Bank in Middleburg — into Fulton Bank.
Fulton Financial said in May that its goal is to eventually merge all of its subsidiary banks into Fulton Bank. The reason for the consolidation, officials said, is to minimize the amount of reports Fulton Financial has to file with regulators and to improve Fulton Bank's branding.