Latest news is 14 branches are closing in the Mecklenburg/SC market, 4 ROMS gone, branches are cutting back to bare minimum staff......I agree SunTrust is losing market, but is this a trend for the whole Southeast or just this corner of the footprint? Why is there nothing in the news about this? I want the stock to go up so I can unload it without a lose.
This is serious, we are talking about at least 10-12 branches. Some ROMs have been let go also cutting staff in other branches. Nothing has been on the news....is SunTrust doing this footprint wide or just polishing up South Carolina to sell the remaining branches?