Seattle Credit Union customers learned just before the New Year that two branches will be closing due to the city’s rampant crime. The news comes as multiple Starbucks locations have closed over the same concern.
“Ensuring the physical safety of our members and staff both in and around our branch offices has become increasingly difficult at these locations. Your personal safety, as well as your financial well-being and banking preferences, are important to us, representing the key variables in our decision,” a Dec. 30 email explained to customers.
The members-owned credit union is closing its Georgetown and Rainier Valley branches effective Feb. 3. Company leadership fielded concerns from customers and staff that the areas were not safe enough.
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Threats, vandalism, and break-ins
A spokesperson for Seattle Credit Union cited verbal threats and frequent vandalism and break-ins for the closures.
“Our mission to guide households, individuals, and businesses to a position of financial prosperity require environments free of verbal threats of harm, damaged property, excessive onsite security, and frequent closures resulting from vandalism and/or break-ins,” a spokesperson told the Jason Rantz Show on KTTH.
They were working with Seattle Police to address the concerns, but it has become too dangerous and costly to keep the locations open.
The trend continues
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