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jcrc

Rumer: Citibank on Main Street is closing

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Another victim of the recession. Oh well, it's just a bank branch, not a huge loss for the area.

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They will be back. Its a bad look for Citi, but It makes sense right now. I would not be suprised if someone like TD Banknorth puts a branch in that location simply for visibility purposes. They are changing names to TD Commerce bank after buying Commerce Bank from NJ. I would not be suprised to see that company start to fill in its branch banking holes now that it is a MAJOR player on the East coast.

I wish Hartford, and CT economic development people could lure a major regional office here. They opporate 77 Branches in the state right now and they have an office in Springfield.

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