Exchange Bank closing branch location
Published 11:46 am Tuesday, May 3, 2022
- U-R update
Exchange Bank recently announced the official closing for business of the Northside office effective Oct. 28.
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Northside employees will relocation to other locations in Milledgeville.
Exchange Bank was chartered in Milledgeville on May 20, 1903, and began business on June 3, 1903, at 120 W. Hancock St.
The Northside Office was opened in 1972. The board of directors has been discussing the future of the Northside Office for years knowing the lease ending was near. The term of lease came due and the board made the decision to not renew the contract.
“This business decision was not easy or taken lightly,” said John C. Childs Jr., president and Chief Executive Officer. “We realize that history and tradition run deep at Exchange Bank and throughout Milledgeville.”
The board of directors is confident customers will transition easily to banking at the Main Office (downtown) or the Lake Sinclair Office (near Kroger), both of which are less than three miles from the current location.
“It has always been and will always be of utmost importance, first and foremost, we take care of our employees and customers,” said Terry Kennedy, senior vice president – human resources and business development.
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Over these past 50 years, many customers and friends have entrusted the Exchange Bank employees at the Northside Office to handle many of their banking needs.