Charter One bank has told customers that is closing it's Eastern Ave/Price Chopper branch in late February. Trustco is closing it's Sheridan Plaza and one Union Street Branch this summer. The Bank of America on Nott Street was auctioned off. Four less branches for oppressed City residents. First all the stockbrokers left, then the professionals fled and now banks are closing branches left and right. Of course, this happens in every renaissance. After paying the oppressive City/County property taxes there is nothing left to deposit.
The banks are closing because they are always on alert for bank robbers!
There aren't enough working folks in the city that actually need or use banks.
Anyway....the brick and mortar banks will be a thing of the past someday in the near future. Between direct deposit, auto pay, debit cards and the internet...there really is hardly any need for a brick and mortar bank.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
now banks are closing branches left and right. Of course, this happens in every renaissance. After paying the oppressive City/County property taxes there is nothing left to deposit.
So true
Can we hear from anyone who wants to contradict that? TOTAL SILENCE
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
The Banks are the smart ones. They know Schenectady is a financial hell hole no need to invest in Schenectady because the Democrats are driving people out of the city and county. I don't blame them for closing the doors!
Charter One bank has told customers that is closing it's Eastern Ave/Price Chopper branch in late February. Trustco is closing it's Sheridan Plaza and one Union Street Branch
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