The $19.9 billion-asset company said in a press release Friday
that it will shutter 16 locations, representing about 12% of its total branch
network, by March 1.
Atlantic Union also plans to close an operations center
and sell 21,500 shares of Visa Class B common stock.
Atlantic Union closed 14 branches and cut about 125 positions late
last year. It closed five more locations in February.
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