An Edgartown bank branch announced last week that it will be closing early next year. 

In a letter to customers Dec. 5, Cape Cod 5 said it was planning to shutter the Edgartown banking center in Post Office Square around March 1. 

“Please be assured, there will be no change to your accounts or relationship with the Bank as a result of this banking center closure,” the company wrote in the letter. “We will continue to offer the same broad range of products and services as we do today, and Cape Cod 5 will remain just as committed to serving Martha’s Vineyard as we always have been.” 

After the Edgartown branch closes, customers can go to the Vineyard Haven location on State Road, the bank said.

Cape Cod 5 said the Edgartown location has had light customer use since it opened in 2018, and the Vineyard Haven location is more popular.  The closing is subject to regulatory approval.

“We are proud to be a part of the Martha’s Vineyard community, with locations on the Island since 2012, and will remain committed to supporting Island residents and businesses,” said Chris Richards, the bank’s chief banking services officer, in a statement. 

The Hyannis-based bank has 26 locations across the Cape and Islands and first opened in 1855. The company announced in September that it was merging with Fidelity Bank, but that both would continue to operate independently.