Tuesday, March 26, 2019
What's in your empty storefront? Capital One is closing both of its East Village branches
After May 8, Capital One will no longer have a bank branch in the East Village.
Closing notices are up in the locations on Third Street and Avenue C (above) ...
... and 10th Street and Second Avenue...
[Photos on 2nd Avenue by Steven]
The Capital One on the southeast corner of Third Avenue and 14th Street closed in July 2016 (that retail space is still for rent).
The bank is sending customers over to the newish multi-level flagship location on 14th Street and Broadway. (An EVG tipster first told us about these pending closures in January. Per the tipster: "It's Union Square or be damned" for Capital One customers.)
This continues the trend where banks are closing down local branches. Last June, The Wall Street Journal reported that banks across the United States have closed nearly 9,000 branches this decade "as more customers rely on digital tools to complete routine banking transactions."
In recent years, Citi, Chase and Santander all shuttered their outposts on Avenue A, making it a bank-branch-free zone for now.