Submitted by Johnsonjefferson t3_10iyk19 in boston
They are adding another bank on centre st?? Chase bank going in across from west on centre. There has to be at least 10 banks on the stretch from spring st to the police station. Insanity
Comments
Johnsonjefferson OP t1_j5k85fn wrote
“They” are the bad boys
johndburger t1_j5jgsn9 wrote
Indeed, the previous tenant, a gas station, wanted to stay, but the land owner wouldn’t extend their lease.
giritrobbins t1_j5jlej4 wrote
And didn't they float the idea of housing there but the locals said no. Or am I thinking of a different parcel
man2010 t1_j5hltef wrote
Banks have been reducing branches for over a decade now, and this trend is stronger in major metro areas and was accelerated by the pandemic. I don't think the opening of this specific new branch is a sign of insanity when the overall trend is the opposite
Otterfan t1_j5ic4wx wrote
In rich neighborhoods like mine (Coolidge Corner) it still feels like banks are taking over. While branches are closing at an increasing pace across the state and country, they are retreating into neighborhoods like this one.
In 15 years there won't be any bank branches left, but that's a long time to wait.
nicecupoftea02116 t1_j5j9o47 wrote
Curious if there was a lot of community pushback before the taco bell opened
[deleted] t1_j5jeda3 wrote
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nicecupoftea02116 t1_j5jf1ld wrote
There is a taco bell in the former Oath pizza space
man2010 t1_j5icluv wrote
Have bank branches actually been opening more in Coolidge Corner or does it just feel that way? Because feelings aren't always the reality, and I don't feel like they're taking over Coolidge Corner at all.
GordonMaple t1_j5k57bs wrote
I think context matters here. Centre St. has been plagued by banks for decades. If a new business is opening on Centre St., odds have always been high that it's another god damn bank. It's pretty disappointing for the residents and imo a waste of space in the town's main thoroughfare.
man2010 t1_j5k63d1 wrote
This gets said about every neighborhood. In another response someone claimed Coolidge Corner is getting taken over by banks, it's constantly said about Harvard Square, and last time I made this same comment someone insisted the same about Central Square. I get that bank branches aren't desirable compared to other neighborhood businesses, but I don't think they're the plague that they get made out to be, nor do I think Centre St., Coolidge Corner, Central Sq., Harvard Sq., etc. are exceptions.
Johnsonjefferson OP t1_j5k7p07 wrote
Exactly
tjrileywisc t1_j5hi1xl wrote
Your city may have stupid zoning policies that raise the cost of development such that only a bank could be placed there because they can afford it.
Johnsonjefferson OP t1_j5hjhca wrote
I dont know anything about that but that could very well be the reason
Catticus42 t1_j5q2fm5 wrote
The bank owns this parcel of land and opted to not renew the gas station’s lease. They can afford because they own it, there is no landlord.
tjrileywisc t1_j5qb14n wrote
Sounds like an improvement from the gas station at least.
Dharkcyd3 t1_j5han6w wrote
And my bank isn't even represented. Not even an ATM in CVS.
Reckless--Abandon t1_j5hv8kf wrote
If your bank doesn’t have ATM fee refunds then you need a new bank
Johnsonjefferson OP t1_j5hjlmt wrote
I’m with you there i dont bank with any of them its wild.
biddily t1_j5i56fb wrote
They closed the BoA on gallivan blvd, and now im like, god damn it - I don't want to drive to either fields corner or quincy.
ARGGGGG.
ButterAndPaint t1_j5jehuh wrote
Honest question. Why are you a BoA customer? I've never heard anyone say anything positive about them.
biddily t1_j5kmlpl wrote
international banking. They're parent company also owns banks around the world - so it makes doing banking at their sister banks a little easier when travelling. No international transaction fees when taking cash out at ATMs of sister bank atms abroad.
ive never had a problem with them and ive been with them for 15 years.
PMSfishy t1_j5hyz8i wrote
Cool, will fit in well with all the insurance companies in the area.
geffe71 t1_j5jgr41 wrote
Come to my town, we have every bank within a golf ball drive
bph12 t1_j5jr9ad wrote
To be fair, they closed the Chase ATM next to the hardware store, so they not only added a new bank, but left another empty store front.
[deleted] t1_j5k0x12 wrote
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Allaboutgetnawesome t1_j5qi462 wrote
I'd say open another dispensary with bud that's fresh
Chappy_Sinclair_ t1_j5hcudx wrote
Better too many than too few. One can easily build a career at a branch.
fondledbydolphins t1_j5hlg9j wrote
Lol "they" are adding it.
Who is this mysterious "they" you're referring to?
Banks pay the highest rent of any tenant. If a bank wants to move in to a property a Landlord would be crazy to pass that up.