For the past month, we’ve had readers and business owners alike tip us that they heard rumors about the prime street-level corner spot at 1501 Queen Anne Ave N. They all said the same thing: it’s going to be a Bank of America.
Located directly across the street from Chase Bank, on the corner of Queen Anne Ave N and W Galer St, the storefront used to house a salon/spa. Per the City of Seattle permit records, the use has been changed to “commercial” for a “Bank of America Express Store” – a type of Bank of America launched in 2013, described as follows:
“Express banking centers offer a more flexible schedule than a full-service branch, while integrating more benefits of technology with onsite associates who can assist customers with their financial needs. Customers can use new, advanced technology to perform the most common transactions. Associates are also available to answer customers’ questions, open new accounts and guide them on convenient self-service banking options including Online Banking and Mobile Banking.”
The new Bank of America location will have plenty of company/competition, as it will join Chase, Wells Fargo, Umpqua, Homestreet, Union, Umpqua, and Key, all with locations on a less than half-a-mile stretch on Queen Anne Ave N.