Apple Bank For Savings [471 86th St] will occupy later this year, the former Amalgamated Bank which shuttered earlier in the Spring.
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Amalgamated Bank shuttered Spring'15 following their Dec announcement |
Following a
consolidation strategy to "refocus on its core constituents" the Bay Ridge branch was among one of six they chose to close. Perhaps in a telling sign, it is an indication that the once high density of union members that once existed in the neighborhood has dwindled to the point of being unsustainable.
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