Demosthenes wrote:flyingember wrote:Bank of America is actually reducing the number of ATMs in their network on purpose. Don't expect movement on that.
Why on earth? And even if that's so, I would think this would be one location where an ATM is necessary.
The other reason a lot of banks are reducing drive-up tellers, and ATMs, is because so many retail stores (grocery stores, drug stores, and other retail outlets provide "cash back" options when you purchase something. My bank doesn't even have a branch in my neighborhood. When I get cash, it's at the grocery store or drug store. I can't remember the last time I drove to an ATM to get cash.
Still, I think Bank of America would install an ATM at their downtown branch because it's so close to the Power & Light District, and I can see a lot of people using it to get cash for events, drinking, and tipping. There are also a lot of conventioneers, and visitors, who might use a BOA ATM because it's a national bank. The number of visitors to downtown is at a crazy high since P&L and Sprint Center were built.