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Think Bank branches in St Paul, IBM campus will not re-open

The St. Paul branch, which started operating under the Think brand in 2006, was located in the Securian Financial Building in downtown St. Paul. “These branches are located in limited access facilities and are heavily reliant on the tenant base of their locations. Even before the pandemic began, fewer Think customers were choosing to bank at both branches, stated Think’s Senior Vice President of Consumer Banking Chris Barnick in an announcement of the closures. “Because of the pandemic, more employees are working remotely, which further decreases their use.” The announcement says that all the employees who worked at those branches have already shifted to other locations. The closures are officially effective on July 9.

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