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HSBC branches absorbed

The giant bank divestiture is finally done.  The final three HSBC branches in Western New York have been sold to Community Bank Systems, closing out a 150-year chapter of bank service that started with Marine Midland Bank.

One can't but marvel at the grace with which the local banking community handled this complicated maneuver. Several local banks, the largest being First Niagara, absorbed 195 bank branches. Some have been closed, but most remain open serving their long-time customers.

Western New York is know for many things, and solid banking is one of them.











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