Over the week-end, Capital One customers in Carroll Gardens received a letter stating that the bank was making some changes to "branch banking" and was closing its Carroll Gardens location at 420 Court Street at the corner of Second Place. The branch will permanently close on October 22, 2020.
The financial institution announced a few months ago that it will shutter branches throughout the country. The
Covid-19 pandemic seems to have increased the number in the Tri-State area.
Personally, I have banked at this location for the past 30 years, as different banks were taken over by bigger ones. Who remembers Home Federal, Hamilton Savings, and Northfork?
Of course, online banking is an alternative, but some people may still prefer a brick and mortar branch. But the other banks in the neighborhood may not currently be an alternative.
Reader B. sent us an email saying:
"The TD Bank on Court St has been closed for months.. It may be next
Citibank has been closed for months too.
I guess customer service from a local bank is out of fashion….. How do I trust a bank I can not visit with my money?"
The financial institution announced a few months ago that it will shutter branches throughout the country. The
Covid-19 pandemic seems to have increased the number in the Tri-State area.
Personally, I have banked at this location for the past 30 years, as different banks were taken over by bigger ones. Who remembers Home Federal, Hamilton Savings, and Northfork?
Of course, online banking is an alternative, but some people may still prefer a brick and mortar branch. But the other banks in the neighborhood may not currently be an alternative.
Reader B. sent us an email saying:
"The TD Bank on Court St has been closed for months.. It may be next
Citibank has been closed for months too.
I guess customer service from a local bank is out of fashion….. How do I trust a bank I can not visit with my money?"
Reader C. would "love to know what might go in there. Hopefully not just another bank."
One can also imagine that the owner may sell the one story building as a development site. After all, the zoning for Court Street in Carroll Gardens would allow a 70 foot residential building with a commercial overlay.
Just out of curiosity, where are Capital One customers in the neighborhood thinking about moving their bank account in the area? Citibank, Chase, TD Bank, Investors Bank or Apple Bank?
Any advice?
Are bank branches a thing of the past?
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Are bank branches a thing of the past?












