Have you ever noticed how many banks we have to choose from in our little downtown area of Greenpoint, Brooklyn? South of Greenpoint Avenue, on Manhattan Avenue, our banking options seem limitless: HSBC, Citibank, Bank of America, Dime, Capital One, Chase, Apple, and now, TD Bank.
For the average non-homeowner with a steady paycheck the levels in service don’t differ much from the green bank to the red bank. For homeowners, it’s usually a matter of a quarter percentage savings on the interest of their mortgage. Options are good, but I don’t think that they need to take up so much physical space from the downtown centers of New York City neighborhoods. It’s not like my account is physically there; most banking is done online. And let’s face it, banks are basically big empty spaces used as a public relation tool by an industry that can more easily afford centralized real estate than anyone else. And they are in need of public relations.
I know you hate the newest ugly condo building in the neighborhood, me too, they’re ugly and already falling apart, but this outdoor mall of banks isn’t any better. Continue reading