Bank Changes In WNY

May 14, 2012 Updated May 14, 2012 at 7:16 PM EDT

By WKBW News

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May 14, 2012 Updated May 14, 2012 at 7:16 PM EDT

BUFFALO, N.Y. ( WKBW ) By Friday May 18th, HSBC Bank will be out of the retail banking business in upstate New York.

First Niagara is taking over most of those branches, but what does it mean to the average banking consumer?

Scott Fisher, Retail Manager of First Niagara Bank told Eyewitness News, "Friday May 18th at 3p.m. is the official time of this conversion."

That is the official end for HSBC Bank branches all across Western New York. First Niagara is taking over most of the 195 upstate New York retail locations.

This week, the bank is getting ready for the big handover, with work taking place all week.

"HSBC will be wiring funds to First Niagara, and over the weekend we'll be converting systems so come Monday, it is as if you've banked with First Niagara for 20 years," Fisher said.

HSBC customers have already received welcome packages, including new debit cards from First Niagara.

Of the 195 branches being changed over, First Niagara will close about 30, and sell 60 to competing banks.

The remaining retail locations are already being converted from HSBC red and white to First Niagara blue and gold.

Fisher added, "Magically over that weekend, those financial centers, those branches of HSBC will be converted to First Niagara. Signage work has already begun, and in many cases it is already there, and we'll be unveiling that on Monday."

Due to the changeover this coming weekend, most HSBC Bank branches will be closed on Saturday. However banking officials say you will have access to your money through your ATM or Debit card all weekend.