Bank of America Closes Lucky Supermarket Location

The Bank of America banking center inside the Union Landing closed last week. Over the weekend, AAA Insurance took over the retail space formerly occupied by the bank. The bank has installed an ATM in the front of the store.

A busy work crew set about changing the former banking facility into the storefront for AAA on Saturday. First, they covered the bank's signage and covered the branch windows with awning-like strips. Inside the space, darkened computer monitors and bank office equipment remained.

Some customers looked puzzled at the signage Bank of America left in the windows of the bank that were essentially boarded up and replaced by an ATM. Others expressed displeasure at the inconvenience.

The only thing Lucky management could officially say was that Bank of America decided not to renew its lease inside the Union Landing store. 

“It’s bad for our business,” said a Lucky employee, who asked not to be named. “It was kind of a one-stop shopping thing. They (customers) could come in and do their banking and then buy things in the store while they were here.”

The Bank of America website lists and an “ATM open 24 hours” at “Savemart 782 Union Landing.” In actuality, the store hours for the Union Landing Lucky Supermarket (listed as Savemart on the bank's website) are 6 a.m. to midnight and the ATM is inside the store.

The bank’s website has no press release regarding the retail store branch closing. Only the signs in the window inside Lucky told of the local change.

In other news about Bank of America, the Charlotte Business Journal reported Monday that company announced it is “getting out of the credit-card business overseas as it tries to raise capital and focus on its core businesses.” According to the report, “BofA's moves follow a tense week for the bank in which share values suffered through a volatile stock market and questions about the bank's financial stability.”