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Johnson Bank Closing 4 Offices In Arizona

Johnson Bank offices in Phoenix, Mesa Peoria and Rio Verde will close their doors on Jan. 8, 2011, it was announced today.

The closings come as a part of the bank’s plan “to maintain the health of the business in the midst of depressed economic conditions,” according to a company press release.

Arizona office closing are at 1850 N. Central Ave., in Phoenix; 1001 W. Southern Ave., in Mesa; 16155 N. 83rd Ave., in Peoria; and 18815 E. Four Peaks Blvd., in Rio Verde.

The bank has an additional five locations in Phoenix and Scottsdale that will remain open. Approximately 12 associates will be affected.

“These carefully planned branch consolidations will result in fewer locations, yet allow us to continue to provide good coverage of the Scottsdale and Phoenix areas and most importantly the same high level of service our clients are accustomed to,” said Russ Weyers, COO/incoming CEO. “We’re making the right decisions to remain a strong, long term financial partner for our clients.”

The banks will remain open until the closing date. Weyers said he expects the impact on clients to be minimal.

“Our client relationships are important to us, we appreciate their business and feel our five remaining full service financial services locations will continue to meet their needs,” Weyers.