Hallelujah, Part 2: Banks Can Also Close

There are too many damn banks in Georgetown. And until recently, it felt like it was a one way ratchet; more and more opened, but none ever closed. But then hope arose last year with the closing of HSBC. And now hopefully that glimmer will bloom into a trend with the news that M & T Bank is closing as of next week.

M & T opened at this location (1420 Wisconsin) in 2012. It replaced the much beloved Commander Salamander, whih closed a couple years earlier:

When M & T Bank opened on this block, it was a bit of an island of corporate sterility in a sea of cheap suit stores. And while some more vibrancy has been added to the block with the opening of Boulangerie Christophe next door, the bank remains sterile, even by bank standards. GM frankly has hardly ever seen a soul go into our out of the branch.

While just about all bank branches are wastes of space, the waste of this particular space seemed particularly bad. On top of the lively history of the location, it’s just a large space that would be better used by just about any other retailer or restaurant.

So huzzah on another bank closing. May it be the second of many.

4 Comments

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4 responses to “Hallelujah, Part 2: Banks Can Also Close

  1. Thomas Neale

    Aside from successors to old Washington banks like PNC (Riggs) and Bank of America (American Security), to what extent do the others serve the community as functional branches, or, rather, as corporate trophy locations?

  2. Joan Kennan

    Yay! Hoping that Chase Bank on the corner of P and Wisconsin Ave will close as well!!

    On Thu, Jun 24, 2021, 10:00 AM The Georgetown Metropolitan wrote:

    > Topher posted: ” There are too many damn banks in Georgetown. And until > recently, it felt like it was a one way ratchet; more and more opened, but > none ever closed. But then hope arose last year with the closing of HSBC. > And now hopefully that glimmer will bloom into” >

  3. kerlin4321

    You can’t replace that hideous Capital One Cafe befouling the iconic Nathan’s corner fast enough to suit me!

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