Bank of America has confirmed the rumors of closing the Patton Avenue downtown branch on June 6, 2012. The bank cites duplication of services and a need to consolidate locations. The branches on Smoky Park Highway and College Street will remain open. At this time, the bank would not speculate on job losses associated with the closure.
The building currently occupied by the bank is for sale, as is the building across the street which houses Wells Fargo.