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Bank of America Back in Business

After sustaining major damage in a fire last December, Bank of America, the largest commercial bank in the country, reopened its branch on East 204th Street and Perry Avenue last month.

Two weeks ago, the bank held a grand reopening ceremony and gave a $20,000 check to the FDNY Foundation, which promotes fire safety throughout the five boroughs. Jeffrey Barker, the bank’s market president for New York City, said the donation was appropriate given the fire that put them out of business for nine months.

After handing the giant check to the Foundation’s Anthony Mancuso, Barker said, “Don’t try to put that check into one of our new ATMs.”

It was important for Bank of America to maintain a presence in the neighborhood, Barker said, calling this particular branch an “anchor for the community.”

The branch is one of 11 Bank of America locations in the Bronx.

“We’re committed to growing in this area,” Barker said.  

Welcome to the Norwood News, a bi-weekly community newspaper that primarily serves the northwest Bronx communities of Norwood, Bedford Park, Fordham and University Heights. Through our Breaking Bronx blog, we focus on news and information for those neighborhoods, but aim to cover as much Bronx-related news as possible. Founded in 1988 by Mosholu Preservation Corporation, a not-for-profit affiliate of Montefiore Medical Center, the Norwood News began as a monthly and grew to a bi-weekly in 1994. In September 2003 the paper expanded to cover University Heights and now covers all the neighborhoods of Community District 7. The Norwood News exists to foster communication among citizens and organizations and to be a tool for neighborhood development efforts. The Norwood News runs the Bronx Youth Journalism Heard, a journalism training program for Bronx high school students. As you navigate this website, please let us know if you discover any glitches or if you have any suggestions. We’d love to hear from you. You can send e-mails to norwoodnews@norwoodnews.org or call us anytime (718) 324-4998.

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