Community Bank Hub

What problem would you like to solve?

A Single Community Location That Will Serve As A Hub (Not A Branch) Banking

Why is it important to solve? Why is it relevant for the community?

Reasons For Bank Cooperation And Participation:
1. County / City / State / Federal Governmental Subsidy / Tax Rebate / incentive for any of the associated banks
2. public relations / Goodwill / serving the community as a form of community services
3. A point of advertisement for available services offered

Action Plan Items For Proposed Concept:
1. Costumer Census / Survey
2. Designed Real Estate Locations
3. List Of Perspective Participating Banks
4. Estimating costs associated with advertising and promotion

What idea do you have to address the problem?

Proposed Concept’s Functions:
1. 24/7 Automatic Teller Machine Access
2. Processing Bank Account Transactions: Deposits, Withdrawals And Account Transfers
3. Place Order ! Reordering Of Checks
4. Bank Services Brochure $ Pamphlets Displays
5. Bank Offered Service Application Pick Up, / Receipt And Transfer To Central / Main Bank Offices
6. Description / Explanation Of Accounts, Financial Tools And Services Being Offered By The Associated Banks
7. Provide Referrals? Schedule appointments / consultations for or at fully functional bank branch
8. Community Based Financial Literacy And Educational Seminars
9. A location where cash benefits are able to be withdrawn without incurring a surcharge
10. During business hours a place that will provide an exchange in automatic teller machine disbursed twenty dollar bills to more preferred lower denominations
11. During business hours a point of purchase for money orders
12. During business hours a point of purchase for stamps
13. A recognized Amazon drop / lock box location
14. A location offering a mobile hotspot for free wifi
15. A location offering small business owners and entrepreneur start ups a meeting conference space that can be rented by the hour (The physical location’s space providing)

Additional / Alternative Function of Physical Location:
1. The physical location can also be a forum for the community to meet
2. The physical location can provide residency for local fund raising initiatives, crowd sourcing interest and involvement in community projects and gaging the community consensus on revenant issues
3. The physical location can be a place where kiosks can be set up in front of or on the inside to facilitate and cultivate youth entrepreneurship approved by local government who would allocate a permit or license to split or sell merchandise utilizing the Kiosk area for a prescribed length of time

Who would that help?

Low-income community members that don't have easy local access to ATMs banks and can't afford the fees that are associated with selecting cash back from certain retailers.

Students could utilize the space for commerce and school projects.

What neighborhood would benefit from your idea?

Rockaway and Broad Channel