By Lynette Norris
Greene Publishing, Inc.
Back in April, the Bank of America corporation announced that it was closing its Madison location at 232 South Horry Street, sending out letters to all account holders and safety deposit box customers to let them know what was going on.
According to Bank of America spokesperson Matthew Daily, the closure was mainly due to the decline in foot traffic – people actually coming into the building to do business – as technology evolved. ATMs, online banking and other alternate banking services became available, making it easy and convenient for people to do business with their bank without ever coming inside. Today, people can even take pictures with their smart phones to conduct transactions from remote locations.
Bank of America has been at the Madison location since 1996, and the building itself has operated as a banking facility since 1972.
Although the Horry Street building and ATM will close down Friday, the brand new Bank of America ATM facility at 446 E. Base Street (In between CVS and Advance Auto Parts) is now operational and serving customers.