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Columbia officials discuss options after Truist announces branch exit
Summary
Council members said Truist has notified account holders it will leave, leaving only an on-site Wells Fargo ATM and prompting the borough to reach out to other banks; officials said attracting a bank to downtown Columbia will be challenging and the finance committee will prioritize exploring options.
Council members told residents that Truist Bank has informed account holders it will leave Columbia, prompting concern about local banking access and discussions about how the borough can help recruit a new financial institution.
Council and staff reported that the only immediately available in-person option…
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