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A Home Savings customer discovered that the bank lost his safety deposit box, which contained irreplaceable family heirlooms, during the branch office consolidations. [48] Other customers complained about long lines and erosion of the quality of customer service as a result of branch consolidations. [49]
Giving someone access to your savings account or any other financial product means they can take funds at their discretion which could be problematic, even with a family member you trust. 7. Be ...
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Former Citizens Savings Bank building in Canonicus Square, Providence, Rhode Island. Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. [10] [11] In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Citizens Trust ...
The company was founded in 1842 as Bridgeport Savings Bank in Bridgeport, Connecticut. [4] In 1981, the bank became the first in the country to provide a telephone bill paying service. After acquiring People's Bank of Vernon, CT, in 1983, the company was renamed People's Bank.
Benefits of traditional banking. Face-to-face customer service. Traditional banking can help you build meaningful connections with bankers who understand your unique financial situation and goals.