The U.S. Bank branch in downtown Washington will shut its doors at the beginning of 2021.
Last week, bank employees and customers were notified that the Washington branch at 300 S. Iowa Ave. will close permanently on Jan. 2, 2021.
“The closure is part of previously discussed work that kicked off in early 2019 to optimize our branch delivery networks in response to changing customer preferences and behaviors,” U.S. Bank Vice President of Public Affairs and Corporate Communications Evan Lapiska said Friday. “Although we are closing some branches, we are continuing to open and enhance others, as well as rapidly enhancing our digital capabilities.
“We are proud of our history serving the region, and look forward to continuing to serve the local community through our other locations in the area along with our convenient digital and voice offerings.”
The next closest U.S. Bank branches are currently in Mt. Pleasant, Muscatine and Iowa City.
Lapiska said that the local branch employees will have options.
“Impacted employees wishing to stay with the organization will have the opportunity to apply for other openings that may be available, particularly in areas that include our mortgage division and customer care centers where we have identified the need for additional support while allowing for flexibility in work location,” Lapiska said. “In addition, a comprehensive severance package and outplacement services will be offered to individuals who elect to move on at the end of their notice period.”