chase_branch_closing

If you close it, they will complain.

Via The Indy Channel

The city’s largest bank is closing branches on the city’s north and west sides, but some groups are crying foul.

The Chase bank at 29th and Dr. Martin Luther King Jr. streets will close Aug. 20 and the branch at 38th Street and Washington Boulevard will close at the end of July.

Both branches serve heavily concentrated minority communities.

Some members of the city’s minority community have complained to members of the Indianapolis City-County Council and Congressman Andre Carson about the closures.

“It’s a little difficult to have sympathy for the bean counters when second-quarter profits were over $6 billion. And it’s hard when the profits for the consumer banking was over $833 million. It’s hard to cry poor when you’re making those profits over a three-month period,” radio talk show host Amos Brown said Friday.

Chase told RTV6 that both branches had low volume and would be consolidated with the branch at 28 N. Meridian St.

No Chase employees will lose their jobs as a result of the closures.

HT: Indy1826

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