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New York Banks Organized By Neighborhood:
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The New York Banks, by neighborhood: 1. Lower Manhattan (Battery Park) 2. Tribeca 3. Soho 4. Greenwich Village 5. East Village 6. Lower East Side 7. Noho 8. Gramercy Park and Murray Hill 9. Chelsea 10. Midtown 12. Upper East Side 13. Upper West Side 14. Morningside Heights 15. Harlem 16. Washington Heights 17. Brooklyn Heights and Cobble Hill 18. Carroll Gardens 19. Red Hook 20. Dumbo 21. Clinton Hill 22. Park Slope 23. Beyond the Slope 24. Williamsburg and Greenpoint 25. Astoria
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Many of the New York banks have banded
together to create the "Bank on New York" campaign to urge
citizens of New York to start basic bank accounts if they don't already
have them. There are posters placed in newspapers, bus shelters, and
other sites, in several different languages. Almost a million New
Yorkers use only payday loans, un-banks, or paycheck loans instead of
banking at a credit union or bank. New York banks are urging
citizens to use no-fee banking services rather than going to a check
cashing center or getting a refund anticipation loan. Daily
transactions can be made through a basic bank account as well as direct
deposits, and thus high-interest loans can be avoided. Payday loans
and paycheck loans can be replaced by direct deposit advances and
overdraft protection, for instance.
Basic bank accounts at New York banks are safe, smart, and is by far the cheapest way to save and spend money. Advance loans on tax refunds, for instance, often called refund anticipation loans, can be very expensive. New York banks inform New Yorkers that using regular banking services will help their families in the long run, as they build credit, and save money by paying less for accessing their checking and savings accounts. The Earned Income Tax Credit refund, for instance, can be used to open a basic banking account so that consumers can start setting up good credit and saving for the future. There are many long-term benefits to using New York banks for traditional banking services, rather than using paycheck loans or payday loans. Family's hopes and dreams for a secure future can start with opening up an account with New York banks, so that consumers can save money and hedge against a rainy day. Unexpected events can create insecurity or even financial disaster and a good savings account or line of credit can protect against such eventualities. New York banks are regulated by the New York State Banking Department, which helps regulate loans, whether mortgage loans, personal loans, or home equity loans. The department also helps educate New Yorkers on banking.
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| Links - Banks Links - Mortgages Links - Loans | ||
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