‘It’s just Like a Tax for staying in East Palo Alto’: Life in a Bank Desert. Perhaps one of the most places that are popular East Palo Alto is not a restaurant, a park or a residential district gathering room

‘It’s just Like a Tax for staying in East Palo Alto’: Life in a Bank Desert. Perhaps one of the most places that are popular East Palo Alto is not a restaurant, a park or a residential district gathering room

Probably one of the most popular places in East Palo Alto is not a restaurant, a park or a residential district gathering area. It’s a Bank of America ATM.

This device, outside of the East Palo Alto national Center, may be the only bank that is major in East Palo Alto, a town of almost 30,000 residents. Maria Avilar is really a customer that is regular of ATM. “When it’s broke, i need to head to Redwood City or Palo Alto to obtain cash.”

Despite the fact that Redwood City and Palo Alto are merely a miles that are few, according to the traffic, the drive usually takes anywhere from fifteen minutes to one hour. There was a San Mateo Credit Union within the populous town, but resident Mark Dinan thinks there must be more alternatives.

“cash is variety of the inspiration of this US economy and never to get access to banking is actually bad,” he claims. Dinan owns his very own company and makes use of Wells Fargo for banking — the closest branch and ATM is 2 kilometers away.

“I mean yes, needless to say you’ve got the choice of utilizing another ATM and spending a cost, but that is just like an income tax for surviving in East Palo Alto, that we do not think is appropriate,” he states.

Dinan claims he has got been asking Wells Fargo for a long time now to create a branch office up or ATM in East Palo Alto. Up to now, he’sn’t gotten a reply. Come july 1st, he chose to begin an on-line petition, that he checks out aloud:

“We turn to Wells Fargo to both provide ATMs and a branch workplace in East Palo Alto, and also to provide the exact same degree of solution to residents of East Palo Alto this is certainly supplied to residents in Palo Alto, Menlo Park as well as other neighboring communities.”

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