Want to meet the mayor? Want to see a bank receive a deposit instead of a bail-out? Will you be around on Monday?
The new Amalgamated on 5th Avenue and 45th Street will receive a $10 million deposit on Monday as part of the City's Banking Development District program. Mayor Bloomberg will arrive on Monday the 29th of September to deposit the money in the hopes that Amalgamated will help Sunset Park provide full banking services to its residents.
It's true that the CitiBank in the 50's is often overrun with people at the ATM and in line for services. And while 8th Avenue has no shortage of banks, and 4th Avenue has a Commerce and Chase 12 blocks apart, 5th Avenue hasn't had a lot of bank attention. However, at least two more banks are set to open up along 5th Avenue at some point in the near future...but who knows what near future means these days where banking is concerned.
Could be a good photo opportunity for the mayor. Check it out.