Business : Regions Bank to close local office in May

Regions Bank has announced that it will be closing the Vinton branch office on May 21. Headquartered in Alabama, the company was founded in 1971 and opened a branch in Vinton shortly after.The bank also said that they will be merging with the larger branch located in Waterloo.  The offices will be open in Vinton through 2:00 p.m. on May 21st, but after that, customers are invited to use the Regions Bank located at 224 West Ridgeway Ave. in Waterloo. In 2007 the bank had 2,127 branches and has slowly been combining offices across the country since then. The bank currently has 1,454 offices open before the latest round of consolidations in May.