Synergy Mortgage is discontinuing what is left of its net branch operation as of June 1, according to Joe L. Williams, chairman, chief executive, and president of the company's parent bank, Synergy Bank.While not disclosing the reasons behind the shutdown, he did say Synergy Mortgage has been gradually reducing the size of the net branch operation over the past three years. The company had just six net branches left, all outside Texas. Synergy Bank will continue to be in the mortgage lending business, Mr. Williams said, but doing retail from its two branches, one at its headquarters in Waco and the other in the Dallas suburb of Garland.
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