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First Community Bank breaks out the big bucks

Published On: Aug 06 2014 06:40:28 AM CDT
Updated On: Jun 13 2014 03:56:09 PM CDT
Bank of America

John Coughlin/CNNMoney

A giant in the banking industry is scaling back in our region.

Bank of America is selling seven of it's branches to First Community Bank with two of the branches being in our area: Gate City and Abingdon in Southwest Virginia.

First Community is also purchasing remote ATM machines in Weber City, Virginia.

First Community Bank says they intend to hire all current employees of the acquired branches.

You can expect to see the banks change-over later this year.