Submitted by pem4423 t3_10d23x1 in RhodeIsland
burritos0504 t1_j4jpi1o wrote
I feel like 15 years ago gas stations were popping up everywhere and like7 years ago banks started popping up everywhere. Now I'd say for the last 3 year dollar store type stores are popping up everywhere. I'm sure in 5 years it will be something else
[deleted] t1_j4k2d3n wrote
Banks appeared as a result of all the consolidation. Back in the 1990s, for instance, you had Fleet, Bank of Boston, Shawmut, BayBank and Bank of New England all on corners around RI. Every single one of those institutions is now Bank of America. Citizens filled the vacuum to an extent, Chase is launching a major market entry, and smaller banks and credit unions have come back to challenge B of A for share.
But we likely have fewer bank branches and choices in banking than our parents in the area had.
Opticalpopsicle1074 t1_j4mnmjn wrote
My town did the bank thing a few years ago and now the new thing is it just gained three car washes.
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