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Posted: Tuesday, 08 April 2008 6:44AM
10 Citibank Branches to Close in Connecticut
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WATERBURY, Conn. (AP) -- Citigroup Inc. is confirming plans to close 10 Connecticut Citibank branches beginning in July, trimming the number of branches it has in the state by a third.
A Citigroup spokesman says the branch closings could cause between 100 and 120 Citibank employees to lose their jobs. But he says workers at the 10 branches are being given a chance at other jobs within the organization.
Citibank will close branches in Avon, Bristol, Glastonbury, Hartford, Newington, North Haven, Orange, South Windsor and Waterbury at some point during the third quarter of the fiscal year.
Citibank will be left with 20 Connecticut branches, mostly in Fairfield County.
More Connecticut news...
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(TM & Copyright 2008 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & Copyright 2008 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report. In the interest of timeliness, this story is fed directly from the newswire and may contain occasional typographical errors.)
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