Community & Southern Bank closing one Winder branch

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Community & Southern Bank closing one Winder branch

Posted by

Mike Buffington

in Top Stories & Breaking News, Winder Archives

Monday, January 30. 2012

Comments (13)

The Carrollton-based bank that a year ago picked up all but a few of Peoples Bank’s properties is closing one of its Winder branches. Pat McGoldrick, director of business banking for Community and Southern Bank, said the branch at 279 N. Broad St. near the Ingles Market would close April 27.

Also on April 27, Community & Southern Bank will drop the name of the former Peoples Bank’s Latino division in metro Atlanta.

Branches of El Banco de Nuestra Comunidad (The Bank of Our Community) on that day will begin operating as branches of Community & Southern Bank.

In addition, three of the Latino branches will close – those in Forest Park, Roswell and Chamblee – and their operations will be merged with three remaining branches in Jonesboro, Woodstock and Norcross, McGoldrick said.

No other branch in or near Barrow County is being closed.

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#1 Lisa on 01/30/12 at 04:55 PM

I am surprised it has taken them this long to close up some of the branches.

#2 Anonymous on 01/30/12 at 07:11 PM

Since they no longer have as much in Market Share. Look for more branches to close. They said at the beginning that they would eventually get rid of The Peoples Bank Employees well not many are left anymore. They don't care about the Community if so the unemployment rate would not be as bad in Winder. They keep letting GOOD people go. They will get what coming to them eventually. They may have taken the over the bank but the BOND that was created at THE PEOPLES BANK will never be broken.

#3 Sheesh on 01/31/12 at 10:21 AM

That BOND and $1.00 will get you a cup of coffee almost anywhere.

#4 Longtime on 01/31/12 at 03:57 PM

Community & Southern Bank is NOW Atlanta Based, it was Carrolton based originally when formed in 2009 (Per their Website).

Community & Southern Bank: The North Broad Branch, the Newest and most Attractive branch, (although they did do a nice job with Downtown location across from the now vacant old Peoples Bank building)--This Branch has a Flaw that has prevented most customers from using it, therefore it is probably their Slowest, least used location...

WHY? Not Market Share (Yes, it is less than Peoples had) ****YOU CANT GET TO IT. They never cut a deal with Ingles for access from their Parking Lot, and it is in a curve, heavy traffic area, new restaurant across, but mainly IT IS A PAIN TO GET INTO & OUT OF PERIOD.

That's really too bad I would use it, I go past it and use Downtown.

NOTE: I still miss The Peoples Bank, Community & Southern Bank still has alot to learn about our community, I felt they needed to retain more people here in Winder, the "East Region Headquarters" on the Bank, but I am seeing some effort.

#5 Chris - new bank/old bank on 02/01/12 at 05:53 AM

The Old Peoples bank branch downtown sits empty and is soon to be auctioned.Somebody mentioned to me something yesterday that I had not considered.What if some of the Peoples bank /old money in town buys that location at auction, reopens it and allows Chris to run it. What impact would that have on the banking landscape ?
There are certainly plenty of familiar faces from Peoples , who are currently looking for work.
Could that happen? Can Chris still operate an FDIC bank or would he be legally exempted?

#6 JDW on 02/01/12 at 08:31 AM

It is really sad that the people of this town are stuck in their old ways. Peoples is gone! Community Bank is a very good bank. The people are some of the nicest people I have had pleasure of doing business with. Everyone needs to give this bank a chance. They didnt close Peoples the Government did! They were just the ones who came in and brought it. If they didnt, someone else would have!

#7 Longtime on 02/01/12 at 10:58 AM

Alot of the people you are speaking about WERE with Peoples Bank & now are with C&S. So those retained STILL provide that same service and professionalism.

Being stuck in our ways? We like what we like, We would have left before but we didn't and Peoples had a massive market share for a reason.

People often do not like changes like that, we had a local dedicated bank, now we have a "out of town" HQ bank, that has a bigger picture than just Barrow County... People often like a Hometown Based Bank, TPB was that option for Barrow County, all the others were gone, bought out or closed, only Mega-Banks were the "other option". When C&S took over some left, some Stayed, I've stayed so far.

Community & Southern Bank closing one Winder branch

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Community & Southern Bank closing one Winder branch

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