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Thursday, January 1, 2015

No new bank for Austin - yet

No new bank for Austin - yet

By ALEX DAVIS Era Reporter a.davis@bradfordera.com
Bradford Era
There’s still a chance that a new bank could be brought to the Austin Borough — even though attempts by borough officials have so far proven unsuccessful.

First Citizens Community Bank leaders recently decided not to replace the Northwest Savings Bank branch that closed its doors Dec. 31, according to borough council president Jesse Valenti. First Citizens Community Bank has 17 locations throughout the state, including Genesee and Ulysses, both in Potter County.

But there’s still a chance a bank could occupy the now-empty building. Borough officials have sent letters to a total of five local banks, but Valenti on Tuesday night did not want to give the names of the other four financial institutions. Read more...

13 comments :

Anonymous said...

Don't need a bank in Austin as long as Big Mike has the Northwest ATM outside! You can make check or cash deposits with that. I'm sure it wouldn't hurt people to drive 15 minutes to Coudy or Emporium if they wanted to apply for a loan. You could even do that online! Let the borough have it!

Anonymous said...

They should start their own. Call it The First DAM Bank of Austin.

Anonymous said...

Bradford Era article says bank in Austin here since 2000 --- how about getting that date corrected? It has been here a lot longer than that! Go outside by Big Mike's -- you got to be kidding, if I drive to Coudy or Emporium, I will go to Sheetz -- no fee for using the ATM and can also stop in Port Allegany. Personnel from Northwest says that we are in a different era and don't need brick and mortar locations --- so which bank is next on the list??

Anonymous said...

Austin doesn't need a bank in town ! A bank is like any other small business it has to make money to stay in town. Maybe if the borough council would have been trying to draw people and business in over the past 15 or so years instead of running them out the bank would have stayed! The current council hasn't helped in any way to keep the town above water with all their fighting nothing gets done !

Anonymous said...

Closing the Austin, PA bank was just a small price to pay (modern tech) for the benefit of many.

A Tax Payer said...

First of all Post 12:38, aren't you funny...NOT! Secondly the bank has been here longer then 2000. And those who don't care that it's gone,you must do your banking elsewhere already. Good for you. The Mac machine at Big Mike's doesn't charge a fee, & at least we still have that. Lastly the Boro Council IS quite worthless, in bettering this town.

Anonymous said...

Some times I just scratch my head as every time a subject about Austin comes up it must be every dildine in the area feels an urge to chime in with some comments that dish Austin and I am sick of it. We have hanus people and problems like every town does brainiac, but we pull together and the vast majority are good people who care.

Anonymous said...

I live in Austin 11:48 and have for many years so i'm not just someone in the (area) that chimes in ! I see the things first hand that have destroyed a once vibrant little town. If you speak up you and your family are ridiculed . If you try to do something or bring in new ideas you are quickly shot down. The town council and school board do nothing for the better of the community. They only look out for themselves and their family and the he%l with everyone else! They claim to lead by example but when you have council members that don't even pay their water and sewer bills what does that say!

Anonymous said...

If you people read correctly it says "a Northwest Savings Bank since November 2000." Yes it's been there longer but it changed it's name to Northwest in 2000. Also as far as not needing a bank, there are a lot of elderly folks in Austin that don't get out of town much or use computers, they sure could use a bank in town.

Anonymous said...

For all you "Almighty Good Boys Club" Austin folks who think they are better then most, wasn't it a "Lady of the Evening" that saved many lives during the Austin Dam break?

Anonymous said...

Hip, Hip, Hoorah for the new ATM!!! First day in use and it doesn't even work. Stopped to withdraw some funds on payday and can't even get anything. Bad enough I'm required to have direct deposit, then the new ATM doesn't work. At least if the bank was still open, I could have gone inside and withdrew my money. I also have to echo the thought that many of the town's senior citizens can't get to Coudy or Emporium readily to do their banking and can't afford internet, computers or cell phones to access accounts. What ever happened to a business accepting some profits and losses for doing business. Just keep making the reaching in the consumer pocket for your cost of doing business. Looks like it's time to find another bank....

Anonymous said...

Good One 4:28 Douche-Ay to those who slam the ladies of the night down!

Anonymous said...

It seems like the Borough Council is going to TRY (wink, wink) to find a bank to open a branch in Austin which (sadly) isn't going to happen because it is not cost effective for any bank to operate a branch office there.
Next, when the bank doesn't pan out, the council will say that they tried and then move their operation into that building without trying to come up with any OTHER options for the building. It is a foregone conclusion. They are just going through the motions.
I know of a lot of people in Austin are avid readers and the town COULD be served by having a library like every OTHER town in Potter County. It's a SHAME that the idea and its numerous benefits to the community (like a meeting place, center for education and a place for people to come together) won't even be considered because it would benefit EVERYONE and not just a select few.
In case you are wondering, I grew up in Austin and it was a nice little town. I feel bad for the people who live there now because there isn't much of anything left. There is no place for people to meet up and just... visit with each other, take an adult education class, learn a craft or a new skill or read a magazine or a book.
I'm sad that no one seems to be forward thinking enough to consider anything beyond only two options.