Saunders, Real Estate, Hamptons

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Aug 3, 2010 6:50 PMPublication: The Southampton Press

TD Bank will open Hampton Bays branch Saturday

Aug 3, 2010 6:50 PM

After five months of construction, TD Bank will open its newest branch in Hampton Bays this Saturday, August 7.

The one-story bank, which was opposed by some hamlet residents when it was originally proposed last year, will feature three drive-through windows and ATMs at the front and rear of the building. As with other TD Banks, the Hampton Bays branch will offer extended hours: 7:30 a.m. to 8 p.m., Monday through Friday; 7:30 a.m. to 6 p.m. on Saturdays; and 11 a.m. to 4 p.m. on Sundays.

The 3,600-square-foot branch will also feature TD Bank’s signature coin counting machines that allow customers to convert their quarters, dimes, nickels and even pennies into dollar bills.

Workers broke ground on the bank in March, after company officials secured the necessary building permits from Southampton Town, according to Jimmy Hernandez, a spokesman for TD Bank. The bank is located just east of East Tiana Road, on the south side of Montauk Highway.

Representatives of TD Bank, which is based in Cherry Hill, New Jersey, and also has offices in Portland, Maine, received a cool reception when they first unveiled their plans for the property. At the time, some Hampton Bays residents complained that the original blueprints, which called for a larger two-story building and four drive-thru lanes, did not fit the character of the community. Residents were also angered that bank officials planned to keep the branch’s interior and exterior lights on 24 hours a day.

Sam LaMagna, president of the Hampton Bays Citizens Advisory Committee, said company officials have agreed to shut off some of the lights after the bank closes each evening.

“Am I happy with it? Not really?” Dr. LaMagna said when asked about the final product. “We don’t need another bank. We would like to see some development that will encourage Hampton Bays to be a destination for people to park their car and walk around.”

Mr. Hernandez pointed out that the Hampton Bays bank will be the commercial bank’s most “carbon neutral” branch because of the lighting agreement. He also said that the company will hire between 15 and 20 local employees.

“We use our employees’ knowledge to find out ways how to contribute back to the community,” Mr. Hernandez said. “We’ve always been well accepted into the community that we serve. We become part of that community.”

TD Bank boasts more than 1,100 branches from Maine to Florida, and boasts some $160 billion in assets, according to a press release issued by the company. The next closest branch is located on Montauk Highway in Westhampton Beach.

Saturday’s grand opening celebration, which will run from 9 a.m. until 2 p.m., will feature free food, appearances by the New York Islanders Ice Girls and a drawing in which customers can win $500 in cash.

In honor of the bank’s opening, the TD Charitable Foundation will donate a still undetermined amount of money to several local organizations, including the Hampton Bays Fire Department, the Hampton Bays Public Library and the Wildlife Rescue Center of the Hamptons, according to Mr. Hernandez. The bank will also be represented at the Hampton Bays Beautification Association’s annual “Concert Under the Stars” this Friday, August 6, at 7 p.m., at Ponquogue Beach. There is no charge to attend and concert-goers will receive a TD Bank beach ball at the event.

“I was really thrilled that they’re willing to help,” said Susan von Freddi, the president of the beautification association. “They came to us.”

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What an eye-sore... They took a quaint little lot on Montauk Hwy and destroyed it!
Literally paved over the entire lot! Absurd! Don't we have two empty banks in HB already. OMG! If HB keeps destroying the charm and beauty of its town and surrounding areas we'll end up looking like any old suburban spawn... So sad.
By Soundview (89), Hampton bays on Aug 10, 10 10:21 AM
Just what they need...another bank.
By Miss K. (103), East Quogue on Aug 11, 10 11:32 AM
oh boy, oh boy, sooooo exciting. A BANK !!!!!!
By local (106), north sea on Aug 11, 10 6:39 PM