Banking consultants have long advocated closing branches to cut costs, and more banks are buying into that philosophy.

That's just fine with Bristol County Savings Bank, which has agreed to buy four Admirals Bank branches in southeastern Massachusetts and $42.7 million of deposits housed at the branches.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.