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KeyBank to shut three area locations

KeyBank is closing one drive-up location and two branches, as it attempts to cut down on overlap in its network.

A drive-up only location, at 1655 Military Road in Niagara Falls, closed on Friday. Two full-service Key branches are within about a mile of that facility. Key leased the drive-up property.

Two branches are scheduled to close Dec. 8: 3051 Sheridan Drive in Amherst, and 2407 Pine Ave. in Niagara Falls.

The Sheridan Drive location is inside the Northtown Plaza, which is undergoing an overhaul. Key owns the location, which was formerly a First Niagara Bank branch, and operated as a HSBC and Marine Midland Bank branch before that. Another Key branch, only two-tenths of a mile away, across the parking lot and next to Whole Foods, will remain open.

A drive-up ATM in the middle of the plaza was removed, and a new drive-up ATM was installed at the branch that will remain open.

The Pine Avenue branch that will close later this year is a leased property. The next closest Key branch is about 1 mile away, at 800 Main St.

"None of these consolidations will result any reduction in employment at KeyBank," said Matt Pitts, a Key spokesman.

 

 

 

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