Friday, April 04, 2008

The QUEENS CHAPEL ROAD BRANCH of WashingtonFirst Bank is CLOSING!

Effective June 30, 2008, the Queens Chapel Road branch of the WashingtonFirst Bank will be closing.

The Bank sent out notices of its intent to close on March 31, 2008. Current customers' accounts will be transferred to either 6329 Greenbelt Road in College Park, Maryland or 6089 Oxxon Hill, Maryland. The Queens Chapel Road staff will be moving to the Greenbelt Road branch.

To keep its customers current customer from the Queenstown Branch, the Bank is offering $100 deposits into each customer's demand deposit or savings account AFTER 90 days of the closing of the Queenstown branch, and .25% increase in the posted WasingtonFirst Bank CD rates to customers who continue their CDs with them.

With the move of the WashingtonFirst Bank, Mount Rainier residents are left without a bank in walking distance of the City. The nearest banks are Bank of America on Queens Chapel Road, BB&T on Hamilton Street in Hyatt, and Suntrust on Queens Chapel Road in Avondale.

As the City redevelops and renews itself, one of the business that should be sought after is a bank within our City limits!

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