Current Events > Chase closes some NYC ATMs early because of 'rising crime'

(+) Yeah! (+)

https://www.cnn.com/2023/01/23/business/chase-nyc-atms-crime/index.html

Citing rising crime and vagrancy, Chase Bank has shuttered 24-hour access to some of its New York ATMs. Select ATM vestibules are closing at 5 pm or 6 pm, aligning more closely with normal branch hours, the bank tweeted in response to a complaint last week. A JPMorgan Chase (JPM) spokesperson said some other ATMs are closing at 10 pm. The changes affect only a small number of the machines, according to the bank, which did not specify which and how many ATMs no longer provide 24-hour service. Chase has several hundred branches in New York. We review our ATM hours on a case-by-case basis and for a variety of reasons may decide to temporarily close some overnight, Chase said in a statement to CNN. New York City mayor Eric Adams addressed the ATM early closures at a press conference Monday. People dont want to walk into the ATM and see someone urinating see someone screaming and yelling, Adams said. And that is what Im saying I need to stop because I dont want my ATMs closing down. I dont want people leaving our city. We have to create an environment that people are safe and feel safe.

Some New Yorkers are not happy about the change. Are you going to refund the ATM fees to customers when we get ripped off to use a bodega ATM to pay for our late night slice of pizza, because you cant provide a basic service to account holders?, one customer tweeted. Major retailers have been vocal about surges in theft and organized retail crime since the pandemic began. Some began locking up toiletries and others added more security detail. But it may not hold true at least to the extent retailers claimed over the past three years. Walgreens finance chief said maybe we cried too much last year about merchandise losses during an earnings call in January. Its rate of shrink, or merchandise losses due to theft, fraud, mis-scanned items and other errors, fell one percentage point to 2.5% during its latest quarter. Overall crime in NYC was up 23.5% in 2022, though shootings and homicides have decreased over the past year, Mayor Adams announced in December.

UBI would reduce crime more than anything else but nah theyd rather just close ATMs in rough neighborhoods

VampireCoyote posted...

UBI would reduce crime more than anything else but nah theyd rather just close ATMs in rough neighborhoods

A big issue is people have jobs during bank hours. If the ATMs are now closing at 5-6pm it makes it a lot harder for people to take out cash when they are off from work.

Ubi?

Lebronwon posted...

A big issue is people have jobs during bank hours. If the ATMs are now closing at 5-6pm it makes it a lot harder for people to take out cash when they are off from work.

Probably what Chase wants too.

well-excuse-me posted...

Ubi?

universal basic income.
stuff that republican conservatives hate most.... "handouts".

Ah. Never heard of that term before. Is that like a monthly stipend for everyone with a SSN?

VampireCoyote posted...

UBI would reduce crime more than anything else but nah theyd rather just close ATMs in rough neighborhoods

yea why doesnt the bank just implement UBI

well-excuse-me posted...

Ah. Never heard of that term before. Is that like a monthly stipend for everyone with a SSN?

yeah