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Citizens Bank to close Derby branch inside Tops store

Citizens Bank will close a branch inside a Tops supermarket in Derby.

The last day of business for the branch, at 6914 N. Erie Road, will be Jan. 8.

“We continually evaluate, evolve and adjust our branch network to ensure we are matching our branch presence with customer demand," the bank said in a statement. "Based on changing customer behaviors and  our real estate strategy, occasionally we have to make the business decision to close a branch."

Citizens Bank ranks No. 5 in deposit market share in the Buffalo Niagara region, according to the most recent figures from the Federal Deposit Insurance Corp. It has several branches inside Tops stores across the Buffalo Niagara region. Citizens' Derby branch ranked fifth lowest in deposits among its 35 branches in Erie County, with $14.8 million.

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