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Small-, Medium-Sized Businesses Find Banking Costly in New York.(Originated from New York Daily News)
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Oct. 12--Harold Citron can't live with his bankers and can't live without them.
"The New York banks have really gotten to me," said Citron, who owns a hardware store on Jerome Ave. in the Bronx. "You order checks and they charge you. They charge you when they make change for you. They charge you for each item deposited and then for the deposit slip itself. They charge you when you make withdrawals. Pretty soon they'll charge just to walk into the bank. It is so unfair for small businesses but we need them."
Public Advocate Mark Green agrees. And yesterday he released…
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Small-, Medium-Sized Businesses Find Banking Costly in New York.(Originated...
...It is so unfair for small businesses but we need them." Public...cases three, times more costly for small and medium-sized businesses to bank in New York than in nine other major...per year on average for banking services that cost $398... |
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