Commercial Bank, Henry Branch Closure
Henry, TN – The Henry, Tennessee branch of Commercial Bank on Pioneer Road will close September 4. Commercial Bank Senior Vice President Kay Foust says low volume was the primary determining factor. She cites the diminishing presence of industries, lack of automobile traffic, and the rise in online and ATM banking. In 2001, customer volume dropped so low, the branch lobby was only open Fridays. The remaining weekdays, operations reduced to a one-person drive-through, which Faust says posed a security risk. After the closing, people who banked in Henry will need to go to Paris.