Mission Valley Bancorp plans to close an underused branch in Valencia, California at the end of the month with the intention of replacing it with a new, streamlined “branch of the future” nearby. Chief Executive Tamara Gurney said the decision to close the branch reflects changing technology in the banking industry. “A branch of 4,000-square-feet is probably twice the size of what the branch of the future will look like. Some of them are down to kiosks of 1,000-square-feet now, because we don’t need big vaults and people don’t use safe deposit boxes like they used to,” she said. “The bank is doing extremely well. In 2014 we grew our net loans by over $20 million,” Gurney said. Last week, the bank also approved its first-ever dividend payment to stockholders.