After being a part of the Kipling community for more than 100 years, TD Canada Trust announced it will be closing it’s operations there in September, forcing residents to come to Regina to do their banking. Apparently, there are not enough transactions there to warrant a fully operational branch. Residents will now have to make the choice of either coming to Regina or switching over to the Credit Union, which is the only other bank in town.
I can see both sides of the coin. You can’t expect a business to stick around, based solely on convenience, when it’s not profitable. On the other side, I can’t imagine someone having to drive more than an hour and a half just to do their banking. That’s more than a pain in the a**!
I know that a lot of people still do their banking in person. I must admit, I’m not one of them.
The only trip I make to the bank to see and talk to an actual teller is when I need to get some foreign currency for a trip we might be taking. Other than that, I do all of my banking online. It’s not that I couldn’t use the exercise walking to the bank everyday, but….I wish I knew how to finish this sentence without sounding too lazy.
Online banking might not be for everyone, but it just seems odd to me that someone would actually walk around downtown to pay bills when they could do it all at their computer in a fraction of the time. In all fairness, some people might have very valid reason for not using online banking. Simply put, they just don’t trust it. They might have a point. It seems no site is safe from hackers nowadays.
So, to those living in Kipling, I’m with you. It’ll be different not being able to run to the bank on a whim to get some money stuff done, but just give online banking a chance.
Once you’ve done it, you’ll wonder how you ever lived without it!