Regions plans to shut four B.R. branches

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Regions Financial Corp. has announced plans to close four Capital Region branches in a cost-saving move. The locations on Plank Road (Brownsfield), South Sherwood Forest Boulevard, Highland Road (University) and in Prairieville (Galvez) will shut down by the end of January. The Birmingham, Ala.-based bank is consolidating 121 branches across the South, including 11 in Louisiana. Regions announced the consolidation plan while reporting a third-quarter net loss of $437 million, or 37 cents a share, compared with net income of $79.5 million, or 11 cents per share, in the year-ago period.

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