HARRISBURG, Pa. (11/29/11)--Two Pennsylvania lawmakers have written a letter to Wells Fargo, trying to get the bank to reconsider abandoning its full-service branch in Shickshinny, Pa., which was flooded earlier this fall. Local officials say they hope a credit union or other bank can step in to fill a void in financial services in the community.
Well Fargo's branch is slated for the wrecking ball after being severely damaged in the Sept. 8-9 Tropical Storm Lee flooding, the fourth time in eight years the branch has been flooded, said the Republican Herald (Nov. 25). The bank told the newspaper that the nearly 100-year-old building was under more than seven and a half feet of water from the storm and rebuilding would be too costly.
Instead, the bank plans to replace the building with a park and an ATM. That didn't sit well with local residents, and state Sen. Lisa Baker (R-Lehman Township) and state Rep. Karen Boback (R-Harvey's Lake) have written a letter to the president of Wells Fargo's Pennsylvania, asking the bank to reconsider and saying it is the only financial institution in the community.
Borough Mayor Beverly Moore told the newspaper that he bank's attitude shows it doesn't care about the community. A lot of people used the bank because of where it was. The bank's nearest branch is 12 miles away in Plymouth, and some residents would have to go in the opposite direction from where they work to go to the bank. She said she hopes another bank or credit union will step in.
The Pennsylvania Credit Union Association noted in its newsletter, Life is a Highway (Nov. 28), that the nearest credit union is Vantage Trust FCU, which is headquartered in Wilkes-Barre. It has a branch in Nanticoke and serves the entire county of Luzerne.