Just three months after merging with Old National Bank, Lafayette Savings Bank officials announced this week that some positions within the bank will be eliminated.
LSB employees were notified this week that 30 to 34 people will lose their jobs in February due to the stock and cash merger that occurred June 4.
Positions at risk are ones that are redundant, said Randy Williams, LSB Financial president and CEO. Positions in check processing, accounting and finance, and IT will see cuts because those jobs are already filled in the main bank.
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