In five blocks of Broadway, there are five banks and one credit union. One of the banks opened last month. Another two will open in the next month.1 No one can convince me that financial institutions are suffering in the least.
The credit union (BECU) is mostly worthless to me. Despite being a part of the nationwide credit services network, the location on Broadway has no tellers to provide said services.
So many financial institutions and yet none of them useful.
1 The full list in walking order north from John:
- US Bank
- Bank of America
- Chase
- Umpqua Bank
- BECU
- Wells Fargo (coming soon)
- 1st Security Bank (just opened)
- HomeStreet Bank (coming soon)