Rash Growth Of Banks

There seem to be an increasing amount of financial institutes opening in Brooklyn. Among the banks expanding their market are Bank of America, Washington Mutual and Chase Manhattan. They are more, I just name the top players. These financial institutes have very competitive advertisements to lure in new customers, everything from free checking to 5% interest on Cd's (certificate of deposits) and online banking. With online banking you can keep track of cashed checks and account balances. I believe the aggressive growth on the part of these financial institutes has to do with a very good business year for 2006. Not to mention, new tax laws that favor the banking institutes so their is not much to loose.