Thursday, May 05, 2016
Current Weather
Loading Current Weather....
Published: Wednesday, 11/28/2007

Bank of Lenawee will close Waldron branch

WALDRON, Mich. The Waldron branch of Bank of Lenawee will close in March as part of its parent company s planned merger with First Defiance Financial Corp.

The branch, with two employees and $5.5 million in deposits, lacks sufficient business to justify keeping it open, the two firms said yesterday. Customers will be served by other branches that are 10 miles away.

Seven remaining branches of Bank of Lenawee, owned by Pavilion Bancorp Inc., Adrian, will take the name of First Defiance s First Federal Bank of the Midwest. Officials expect the merger to be completed in mid-March.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.