Stamford, CT - (July 6, 2011) Harbor Point is pleased to announce the addition of First Niagara Bank to its historic Yale & Towne neighborhood. First Niagara will open its newest branch this fall in a one-floor, 3,224 sq. ft building at the corner of Henry and Canal streets.
First Niagara will provide walk-in banking services, a drive-through teller, a walk-up ATM and more jobs for Connecticut. As a community-oriented bank, First Niagara is also committed to empowering not-for-profit organizations and providing resources, expertise and helping hands to the communities where they do business.
"A bank branch is vital to any local community and I welcome the addition of this key resource for the South End. It is another building block in the development of the South End and the increasing number of residents and business commuters who live and work there," said Michael A. Pavia, Mayor of Stamford.
First Niagara's New Haven-based regional president, David Ring, explained, "We're a community oriented bank, which means Connecticut bankers will make decisions on providing credit, services and support to our customers and neighbors in the Harbor Point community, just as we do across the state. We look forward to providing capital and support to meet the needs of businesses and consumers in and around the Yale & Towne neighborhood. The Harbor Point community is evolving and expanding and we want to be a part of that as we continue our growth in Connecticut."
"Instead of people and businesses traveling outside the neighborhood to access certain conveniences we're bringing the conveniences right to Harbor Point," explained Harbor Point spokesman John Freeman. "First Niagara is a natural addition and will fit in nicely with Fairway Market and Go Green Dry Cleaners."
When plans for a bank were announced in January City Rep. Terry Adams, D-3, who represents the South End, applauded, explaining, "[A bank] was one of the desires of the neighborhood."
The new Harbor Point branch will be First Niagara's fourth in Stamford, including those on Summer St., High Ridge Rd., and Hope St.
Harbor Point, Stamford's most dynamic neighborhood, connects the City to its beautiful waterfront with newly constructed parks, walks and bike paths. Home to the recently opened apartment communities 101 Park Place and the Lofts at Yale & Towne, Harbor Point is bustling with over 500 new residents that will soon be joined by 1,000 more with 5 additional residential buildings under construction. This award winning community will ultimately grow to include 4,000 new residential units. Together with the growing population of residents, Harbor Point has seen an influx of both large and small commercial and retail tenants including Connecticut's first Fairway Market, Starwood Hotels and Resorts Worldwide, Design Within Reach, Cornell University Veterinary Specialists, Louis Dreyfus Highbridge Energy, Go Green Dry Cleaners, Robeks Premium Fruit Smoothies and First Niagara Bank. Harbor Point has been awarded LEED Gold status for leadership in environmentally-friendly neighborhood design and is a short walking distance to the Stamford Transportation Center. www.harborpt.com
As of April 25th, First Niagara Financial Group, Inc., through its wholly owned subsidiary, First Niagara Bank, N.A., has $30 billion in assets, 346 branches and $18 billion in deposits.First Niagara Bank, N.A. is a multi-state community-oriented bank providing financial services to individuals, families and businesses across Upstate New York, Pennsylvania, Connecticut and Massachusetts. For more information, visit www.fnfg.com.