Popular regional bank to shutter 22 branches in controversial merger
A popular regional bank is set to shutter 22 branches across New Jersey - thanks to to a merger that has stirred controversy. The tie-up between Provident and Lakeland banks, valued at $1.3 billion, has caused the closure of a total of 22 branch locations - listed below. Closures are happening when the two banks have branches very near to each other - often on the same street - and bosses think one can serve both sets of customers.
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