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NBHC to close 3 Bank Midwest locations in Kansas City area

Closures in the metro make up almost half of the eight Bank Midwest branches being closed nationwide as part of NBHC’s effort to save the company around $3.5 million in yearly expenses.

National Bank Holdings Corp. (NYSE: NBHC) plans to close a total of 12 branches across the U.S., part of those closures including three Bank Midwest locations in the Kansas City area.

Bank Midwest is a division of NBH Bank, which is a subsidiary of National Bank Holdings Corporation and operates a network of banking centers throughout Colorado, Kansas, Missouri and Texas, according to the Bank Midwest website.

By the end of the year, Bank Midwest alone plans to close eight of its branches throughout the region.

NBH Bank has 101 branches across the nation, including 30 currently in the Kansas City metro. All announced closures are expected to save the company about $3.5 million per year in expenses.

Bank Midwest President Whitney Bartelli said the Kansas City-area locations being closed include one branch in Johnson County and two in Jackson County. She said five other Bank Midwest locations outside of the area also will be closed, reports Fox 4 News.

The planned closures are influenced by a larger push toward digital an a minimization on inconvenience for customers.