There is a growing concern in rural Saskatchewan about the closure of banks and credit unions.
Many towns have already lost or are in the process of losing their financial institution which is worrisome to the president of the Saskatchewan Association of Rural Municipalities.
Ray Orb says asking seniors and others to travel a long distance to do banking isn’t right
Orb says “Asking people to drive 10 or 12 kilometers to do their banking is one thing, but asking people especially seniors who want face-to-face advice when banking who now have to drive 40 kilometers is wrong.
While he understands the trend to mobile banking, he says rural broadband connectivity is a huge concern, and this will hurt many people.
Orb is hoping to sit down with the various banks and credit unions involved in an attempt to change their rationale and keep the banks operating.