First M&F closing offices, cutting 11 percent of staff
by MBJ Staff Published: September 16,2011
Tags: banking and finance, Banks, closures, consolidation, financial institutions, jobs, mergers and acquisitions, restructuring, sales, staff reduction
KOSCIUSKO — First M&F Corporation’s subsidiary, Merchants and Farmers Bank, has launched Project McKinley, a comprehensive strategic performance initiative including a branch consolidation plan that will result in the reduction or sale of six branches. The move comes as M&F seeks to improve efficiencies in preparation for navigating through current uncertain economic times and future [...] [...]
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