Cleveland-based KeyBank is closing 16 branches in central Indiana, most of them in and around Indianapolis.
The closures affect eight branches in Indianapolis, two in Noblesville, two in Kokomo, two in Anderson, and one each in Whiteland and Greenville.
They will be consolidated into other higher-traffic branches nearby, and KeyBank will be shifting its focus to digital channels.
“The world of banking is changing with the digital age, and so are the expectations of the customers living it,” KeyBank Central Indiana market president Juan Gonzalez said in a release. “The growth we are going to create in our digital capabilities is going to make our goal of delivering financial wellness to our clients easier and more convenient than ever before.”
The Ohio bank will still have 19 branches in central Indiana after the closures, planned for May 31. It will have a total of 39 branches statewide.
The $138 billion KeyBank also plans to add 51 ATMs throughout the area, 48 of which will be inside Kroger grocery stores.