Print Page  |  Sign In  |  Register
On-Site Bank
Moderator(s): Leslie Roseboro
Thread Score:
1
| 2
>
>|
Thread Actions

8/27/2018 at 7:33:52 PM GMT
Posts: 1263
On-Site Bank

Have you recently lost the relationship you had with an on-site bank? If so, have you been able to back-fill their banking relationship with a different bank?




8/28/2018 at 6:22:37 PM GMT
Posts: 1263
We do not have onsite banking, but we are willing to cash checks up to $100 for the residents at our Resident Services desk.


8/28/2018 at 6:23:52 PM GMT
Posts: 1263
Our on-site bank arrangement with Fifth/Third remains stable.


8/28/2018 at 6:24:59 PM GMT
Posts: 1263
SunTrust pulled out of our community at Thanksgiving of last year. We asked and they agreed to place a full service ATM on property. Previously we only had a cash dispensing ATM. We asked other banks if they wanted to move into the space but found no interest. That wasn’t a surprise. The considerable resident angst about how they would survive without an onsite bank faded after about two weeks and those that had never used an ATM became familiar with it.


8/28/2018 at 6:26:53 PM GMT
Posts: 1263
We lost the branch bank in mid-January this year. It is my understanding that they also closed the other CCRC branches. Not only that, they closed a branch that they had in a nearby Harris Teeter. Finally, Pinnacle bank (which used to be Harrington) closed a branch in Southern Village. I think these smaller branches are becoming a thing of the past.


8/28/2018 at 6:29:29 PM GMT
Posts: 1263
About 3 years ago,the bank moved out of the space they’d rented from us for many years. We chose not to back-fill, because we have other use for the space they occupied. We did arrange, however, with another bank to provide an on-site atm for our residents and staff.


8/28/2018 at 6:30:59 PM GMT
Posts: 1263
In April of 2018 the bank vacated the space it leased on campus. We have not found a financial institution who desired to assume the space, though we were able to have our former bank provide a full-service ATM to provide users the ability to make deposits and cash withdrawals.

We look forward to repurposing this space to a new resident amenity!


8/28/2018 at 6:32:43 PM GMT
Posts: 1263
We did lose our onsite bank. Fortunately they are maintaining a full service teller machine in our residents’ business center. We also include a local branch of that bank on our bus “shopping route” .


8/28/2018 at 6:33:15 PM GMT
Posts: 1263
We did lose our onsite bank. Fortunately they are maintaining a full service teller machine in our residents’ business center. We also include a local branch of that bank on our bus “shopping route” .


8/28/2018 at 6:33:49 PM GMT
Posts: 1263
Yes, the bank left our community at the beginning of this year. No, we have not found another bank to fill the spot. We also could not find a bank interested in placing an ATM.


Sign In


Calendar

9/25/2020 » 12/27/2020
2020 Fall Conference On-Demand

11/6/2020
CEO Roundtable Discussion

LeadingAge NC News
Featured Members