Disabled Vietnam Vet Hot Dog Vendor Arrested Outside Met
Stuy Pyro Leaves Notes In Hieroglyphics
Tenants' Rights Flash Cards!
The Obamas' First State Dinner: Dazzling Fashion, Celebrities
Photos of D Train Murder Depict Bloody Panic
You thought that there couldn't really be more Chase banks in the City, didn't you? You thought after that deal that put a Chase ATM in every single Duane Reade in the entire city somebody would've said "Well, that seems like enough for us. Let's work a bit with what we got." Right? Cause we kind of hoped so. But, oh no! It wasn't to be.
Yesterday J.P. Morgan Chase announced that it was going to swap its corporate trust business for "virtually all of the Bank of New York's branches in the metropolitan area." In other words, there will now be 338 additional branches for Chase in the city.
The BoNY branches will be turned into Chases starting next spring. Meanwhile, Bank of New York will nearly double the size of its corporate trust business, "which handles record-keeping for corporate debt issues. The unit has become a major part of the bank's strategy as its retail operations have struggled."
We'd love to go on about Chase, talk about its recent big deals (they really do have so many ATMs now) and maybe even link to a few previous Gothamist posts about the bank. But we're not going to. Why? Because every time we try to search our own archives for posts about Chase we are overwhelmed by the remnants of a huge amount of comment spam from somebody calling themselves "chase home finance" and telling us that we really should read something or other about the bank (nope, not going to happen...). So instead of saying how much we actually like the idea of the New York bank market consolidating a bit, we're just going to stop this post right here.
"Isn't this an advertisement or something?" from Mary Hodder's flickr stream.
add to stumble upon
add to reddit
tweet this
post to facebook
Chase is the worst bank I have ever used. I can't believe so many people continue to use them.
Lighten up, "Angry Asian", post gripes to the Consumerist.com, and watch Wonder Showzen and laugh!
Shit i missed Wonder Showzen again????? god dammit
Don't forget to catch Minoriteam on Adult Swim at 12
From the looks of that archive search, Chase Home Finance appears fond of the word "probaly."
We are the Bank, the Bank of New York
The Bank that manages money
Come to the Bank, the Bank of New York
And we'll help you manage your money.
Guess it's heading the way of the Bowery and Manufacturers Hanover. I had an account at MannyHanny when it was taken over by Chemical Bank, which was then taken over by (you guessed it) Chase.
Bank of New York only has 36 branches in New York City. The 338 branches the posting claims are in the city are spreadout among New York, New Jersey and Connecticut.
Chase and BONY both suck. I have had account in BONY for 12 years they haven;t upgraded their systems to see account activity online. Nothin is free at Chase, no account type is free at Chase. Their are hidden fees all over the place. Ther eis nothin like free hcacking at Chase trust me. Either u have to have a min. of 2 G's in ur account or direct deposit and if the direct deposit doesn't come in one month u will be charged. Borrom line both suck. WAMU free checking is the way to go, free everything, free checks for life, free wire transfers all over the world, cash back on just using the debit and CC's, free everything online, from bill pay, see account activity, download statements and customer suport available 24/7. Can't get any better than WAMU FREE CHECKING.