A Bank in Midtown Is Cleaned Out of $100 Bills
Large-denomination bills were in such high demand this week that at least one Bank of America branch wasn’t able to satisfy some customers pulling out tens of thousands of dollars at a time.
March 14, 2020
As the stock market was having its worst day in 30 years on Thursday, customers at a Bank of America branch in Midtown Manhattan, the financial heart of New York, were lining up to take cash out of their accounts — sometimes tens of thousands of dollars at a time.
So many people sought huge sums that the bank branch, at 52nd Street and Park Avenue, temporarily ran out of $100 bills to fulfill large withdrawals, according to three people familiar with the branch’s operations. The shortage hit after a rash of requests for as much as $50,000, said two people who witnessed the rush.

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