Newly formed NationsBank plans to close 22 overlapping C&S and NCNB branches in the Tampa Bay area as part of a statewide shutdown of 59 offices.
The closings will occur in late summer, at the same time that the remaining 367 C&S and NCNB branches in the state adopt their new NationsBank name. NationsBank will be the state's third largest banking company behind No. 1 Barnett Banks Inc. and First Union of Florida.
NationsBank plans to close 10 of its 47 branches in Pinellas County; six of its 46 branches in Hillsborough County; two of its 15 branches in Pasco County; and four of its 17 branches in Manatee County. In Hernando County, none of NationsBank's five branches overlap and so are not expected to close. The banking company operates no offices in Citrus County.
Several hundred NCNB and C&S employees will be affected by the branch closings. The remaining branches will be staffed with both NCNB and C&S staff, said NationsBank spokeswoman Sheryl A. McAlister. She said she did not know the number of jobs expected to be lost in the branch shutdowns.
Customers of NCNB or C&S will be notified 90 days before branch closings and they will be told which remaining branch is closest to them. Customers also will be notified in advance that their safe-deposit boxes in any branch to be closed will be moved to another branch.
NationsBank Florida, based in Tampa, is owned by NationsBank Corp. in Charlotte, N.C.
Most of the affected 59 Florida branches will be closed by the end of September. Here is a list of local branch closings by county:
Pinellas: C&S, Lake Street and U.S. 19, Tarpon Springs; C&S, 412 S Missouri, Clearwater; NCNB, 503 Cleveland St., Clearwater; NCNB, 501 1st Ave. N, St. Petersburg; C&S, 10033 M.L. King (Ninth) St. N, St. Petersburg; C&S, 5085 34th St. S, St. Petersburg; NCNB, 1700 66th St. N, St. Petersburg; C&S, 3900 1st St. N, St. Petersburg; C&S, 7690 49th St. N, Pinellas Park; NCNB, 4300 Duhme Rd., Madeira Beach.
Hillsborough: C&S, 402 E. Madison St., Tampa; NCNB, 11005 N. Dale Mabry, Tampa; NCNB, 4802 Gunn Highway, Tampa; NCNB, 9389 N. Florida Ave., Tampa; NCNB, 1009 Providence Road, Brandon; and C&S, 702 N. Alexander St., Plant City.
Pasco: C&S, 6133 U.S. 19, New Port Richey; and C&S, 1103 Alt. U.S. 19, Holiday.
Manatee: NCNB, 4115 U.S. 301, Ellenton; C&S, 2601 Manatee Ave. W, Bradenton; NCNB, 1411 60th Ave. W, Bradenton; and NCNB, 900 17th St. W, Palmetto.