MARCY — The Berkshire Bank branch at 9085 Old River Road is slated to be closed, according to a New York Department of Financial Services (DFS) online listing.
The DFS website says the superintendent of financial services has found that the proposed closing “will not result in a significant reduction of banking services in the community to be affected.”
The branch is expected to close on March 29, according to Berkshire spokesperson Heidi Higgins. The branch’s customers are being directed to go to the Whitesboro branch after the closing takes effect, she said.
Berkshire’s other local branches including its three sites in Rome are remaining open.
For the Marcy branch closing, Higgins cited proximity to other branch locations along with changing consumer preferences and financial technology improvements as factors in that decision. Berkshire, based in Massachusetts, also has proposed closing three other branches in Albany, Saratoga, and Schenectady counties, according to the DFS website; the superintendent of financial services similarly has found that those closings would not significantly reduce banking services in those communities.
Berkshire previously closed a local branch in January 2017, shuttering its site at Elmer Hill Road in the Town of Lee. That branch originally was operated by Rome Savings Bank, and had been built about 12 years ago. Berkshire purchased Rome Savings Bank in 2011.