Niagara Gazette

Local News

August 26, 2013

Bank of America announces that it is closing its Third Street branch, vacating a structure with long history of banking business

Niagara Gazette — There will soon be one less banking option in downtown Niagara Falls. 

The Bank of America has informed customers that it plans to close its branch located at 418 Third St. early next year. 

J.T. Crawford, a spokesperson with Bank of America's corporate office, confirmed customers were informed of the decision in letters delivered in late July. He said the Third Street branch will officially shut its doors on Jan. 24, 2014. 

Crawford said Bank of America made the decision after a review of its operations in the area. He said the company determined that it could continue to provide ample service to its customers in the Falls area through its other two locations, including a branch at 1900 Pine Ave. and one at 1236 Military Road. 

"Based on foot traffic and other metrics, we determined that we can continue to effectively serve our customers with one less branch in Niagara Falls," Crawford said.

Bank of America leased space inside the Third Street branch building, which is owned by a Williamsville company called 418 Third Street Associates. 

The property has served as home to numerous banking institutions for more than a century. The first was the Niagara County Savings Bank, established Jan. 1, 1890, two years before the state Legislature granted the city of Niagara Falls its charter of incorporation. 

In addition to serving as the savings bank regional headquarters, the building also had several tenants over the years including the law offices of Orr, Brydges & Orr, a leading law firm in the Cataract City.

In 1985, Niagara County Savings merged with Liberty-Nortstar and Norstar became part of the Fleet Bank in 1995.

1
Text Only | Photo Reprints
Local News
Featured Ads
Seasonal Content
House Ads
AP Video
Obama Hopeful on Ukraine, Will Watch Russians Flamingo Frenzy Ahead of Zoo Construction Crew Criticized Over Handling of Ferry Disaster Agreement Reached to Calm Ukraine Tensions Raw: Pope Francis Performs Pre-easter Ritual Raw: Bulgarian Monastery Dyes 5000 Easter Eggs Diplomats Reach Deal to Ease Tensions in Ukraine U.S. Sending Nonlethal Aid to Ukraine Military Holder: Americans Stand With KC Mourners Obama Greets Wounded Warriors Malaysia Plane: Ocean Floor Images 'Very Clear' Sparks Fly With Derulo and Jordin on New Album Franco Leads Star-studded Broadway Cast Raw: Two Lucky Kids Get Ride in Popemobile Boston Bombing Survivors One Year Later Sister of Slain MIT Officer Reflects on Bombing
Opinion
House Ads
Night & Day
Twitter News
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Front page
Poll

Do you think cigarette sales to non-Native American customers should be taxed on reservations?

Yes. Items should be taxed like they are everywhere else.
No, the indian reservations are sovereign land and they are selling them on their land.
Not up to me. Native Americans decide the rules on their land.
Don't care. Smoking isn't good for you.
     View Results