ROGERSVILLE — US Bank apparently plans to close its Main Street branch, in downtown Rogersville, as of Tuesday, May 21, the Review has learned.
“As you may be aware, the US Bank facility located on the first floor of the building will be closing on Tuesday, May 21, 2019,” an email sent to at least one tenant said. “The branch only is closing and this closing will not affect the building, any tenants of the building, maintenance, or any lease agreements.”
Patrick Lund, president of the Rogersville-Hawkins Co. Chamber of Commerce, said Tuesday that chamber officials only learned last Friday of US Bank’s plans to close the branch.
Lund noted that the Chamber’s office is located on the first level of the building and will have to relocate as a result of the pending closure.
“We’re looking at options now,” Lund said, noting that the closure isn’t set to take place until mid-May. “That’s giving us time to look at various options.”
The chamber president said he was not aware of US Bank’s future plans for the building.
“We don’t know if they have somebody in mind (to buy the building),” he said. “We haven’t heard that part. It’s early on. We’re keeping an open mind on what we can do. It would be nice if another bank would move in there and allow us to use the facilities.”
But Lund said the Chamber will move to another location if that is the only option.
Efforts to flesh how details of US Bank’s closure plans and learn if two other branches in Rogersville and one in Church Hill will be affected failed on Monday. A US Bank real estate staffer in Knoxville directed a Review reporter to a public affairs staffer in another state who did not return a telephone message left on Monday afternoon.
Other US Bank branches are located in Rogersville at:
• 200 East Kyle Street; and,
• 4015 Highway 66 South.
In addition, there is a US Bank branch located at 134 East Main Blvd., in Church Hill.
It was unclear as of the Review’s Midweek presstime on Tuesday if any of the other branches would be affected.
The building, which is located adjacent to the historic Masonic Lodge across Main Street from the Hawkins Co. Courthouse Annex, also houses the offices of the Hawkins Co. Industrial Development Board on an upper floor. In addition, other offices are located upstairs in the building.
The bank now known here as US Bank was established at Citizens-Union Bank of Rogersville on Jan. 2, 1887, and operated under that name until April 8, 1976, when the name was changed to simply Citizen-Union Bank.
On Jan. 23, 1993, the bank merged with and became a branch of First Union National Bank of Tennessee. It underwent several subsequent name changes before becoming part of US Bank.
U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of US Bank National Association, known as US Bank, which is ranked 7th on the list of largest banks in the United States.
The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 ATMs, primarily in the Midwestern United States, and has approximately 72,400 employees. The company also owns Elavon, a processor of credit card transactions