First Citizens Banc (FCZA) in Sandusky, Ohio, will close three branches to cut costs.

The $1.1 billion-asset company said in a press release Wednesday that the closures, set for June 6, followed "ongoing branch efficiency studies." The branches had about $15 million in total deposits at Dec. 31.

"With the ever-growing popularity of electronic banking options and the proximity of our other full-service branches, it is no longer cost-effective to sustain these full-service offices," James Miller, the company's president and chief executive, said in the release. "While we are closing buildings, we remain committed to servicing the financial needs of each of the communities within our footprint."

First Citizens said it will record a pretax charge of about $80,000 in the first quarter tied to the closures, which will save the company about $250,000 a year. The company will still have 25 branches after the closures.

 Paul Davis is the community banking editor at American Banker.

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