Edit: ah, yeah, as reustle says, banks have made multiple appearances. Far less than fast food though.
Honestly they're a usually reasonable landmark choice, they tend to be at corners and are intentionally eye-catching and recognizable. But I hate it. And I'm pretty sure that's just being used as justification for why the "feature" as a whole is acceptable (it's not).
I would translate it as "turn at the next left; where there is a ______."
The ______ is often a convenience store. hmmmm!
And turn at the corner 2-chome 4-ban 5-gou isn’t a helpful thing either.