Tuesday, April 24, 2012

WDT: Local Governments Look for New Banks

   The biggest stash of cash in local government will be doing its banking with First Niagara when HSBC pulls out of town in the coming months. Jefferson County Treasurer Karen Christie says the lack of a Niagara branch in the city will cause no problems as most tranactions are on line.
    First Niagara bought most of HSBC's upstate branches, but in Jefferson County only acquired Evans Mills and Carthage, with Community Bank grabbing the rest.
     Local governments are choosing different options in finding a new bank to deal with.
Watertown Daily Times | Local governments go bank shopping

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