Banks in Pinellas Plaza
 

Can someone explain why they are building more banks in Pinellas Plaza when we could use so many other stores/restaurants/etc.? I believe there will be 4 in a city block!

The Banks feel there is a need for their services in that area or they would not build. Other business's also have the same opportunity to have space in that area and did not choose too.

I for one am happy to hear (and hope it's true) that Wells Fargo is one of them. The closest one otherwise is on 466...I live in the far south end.

It is true as I was notified my safe deposit box would be moved. Until open the Wildwood branch it is replacing is only 5 minutes from Collier. Although no golf cart access until the new one opens.

That is good news! I found I had to drive a long ways to find a Bank of America when I stayed in Pennecamp and Mallory when I needed to find an ATM or a physical bank to make deposits. For cash I just use my Schwab ATM card at a Bank of Morse (Citizen's) since Schwab eats the fleecing fee.

"They" in this case is the bank.
They have a lot of $'s due to paying you .45% interest.
They like having real estate as part of their assets.
You really have to blame the first bank to build..........they all will follow!

Did you want those services for free?

Are you sure they are all banks? Sometimes the bank that is financing a building will put up a sign. I've been fooled a few times thinking a bank was coming and it turned out it was something else.

Is one of the banks coming to Pinellas a Chase?

I do hope so, the service and staff at the exiting one are appalling.

There is much more money in a large community of seniors than in a neighborhood bank. Consequently, these banks want to make it more convenient for people to use their services, since they know if it is close to where someone resides, the odds are, you will go to them. In addition, all these banks offer investment opportunities. Stupid they aren't; they know what they are doing and where to do it.

Yes, for sure, Chase is one of the banks building there.

with the proliferation of on-line banking services i also do not see the need for so many brick and mortar bank locations. but that is just my opinion.

Obviously the demographics work for banks, not so much for stores/restaurants.

Have you shared that with the branch Manager?

Ditto here!
Banks in pPinellas is a much welcomed thing in my opinion!