Fifth Third Bank said it has finalized its list of Michigan branch closures this summer, confirming that 75 locations will shut down in September as part of an ongoing effort to streamline its retail network.
Of the branches closing, 55 are former Comerica Bank locations, and 20 are existing Fifth Third branches.
The bank said most of the affected locations have another Fifth Third branch within one mile.
After the closures, Fifth Third said it will operate 227 branches across Michigan, including 116 in the five-county Metro Detroit area.
In a statement, Fifth Third said it is “building a stronger, more efficient branch network that supports customers today and positions the Bank for long-term sustainable growth in Michigan and across our expanded footprint.
The bank said it will continue serving Michigan through 227 financial centers across 39 counties and nearly 140 communities.
It added that while it is consolidating overlapping branches, most of the affected locations have another Fifth Third financial center within one mile.
After the customer conversion later this year, Fifth Third said Michigan customers will have access to approximately 42% more branches, while former Comerica customers will have access to about 60% more branches than before.
In southeast Michigan, Fifth Third’s post-conversion network is expected to be the largest in the five-county region of Livingston, Macomb, Oakland, Washtenaw, and Wayne counties, with 116 financial centers.
In Detroit, the bank said it will operate 19 locations, making it the largest banking network in the city following the conversion.