'People here are stranded' - More banks close in northwest Bronx, frustrating residents who rely on them
Residents in the northwest Bronx are becoming frustrated as more banks in the neighborhood are shutting their doors.
Ridgewood Savings Bank recently announced it will be closing two of its branches in Kingsbridge and Norwood.
"I've been here over 35 years, and it hurts that they're closing," said Vicky Morel, a customer.
The financial institution says the two branches will be replaced by a new and improved location this summer on East 204 Street.
When the two locations close in October, the next nearest branch is more than a 30-minute walk away. For many residents, it's not a feasible option.
Assembly member Jeffrey Dinowitz of the 81st district has played an active role in making sure people in the neighborhood had access to banks for their financial needs. He held a rally in front of a Chase Bank on Knolls Crescent last fall. Unfortunately, that location closed its doors just last month.
"In some cases, the bank that closes is the only bank in the neighborhood, and that being said, the people here are stranded," Dinowitz said.
A spokesperson from Ridgewood Savings Bank says that they look forward to working with assemblymember Dinowitz and local customers to ensure that its new facility in Norwood offers the same trusted and friendly services.