Scotiabank, which has one branch on the island, announced earlier this year they’d be pulling their branch come August, after 113 years of service.
Gregg Russell came to the protest as a “concerned citizen,” but he’s also a councillor in the community. He was born and raised on Grand Manan, and though he left for his career before coming back, he says he’s always called the island home.Russell now has a small business on Grand Manan, so he often has to take cheques, cash and the safety deposit box to the branch – at least once a week.Scotiabank closure will be ‘another blow’ to rural N.S.
On top of that, the ferry goes only every four hours, and if weather is too bad for the ferry to run, passengers could be left stranded on the other side. “We regularly review our branch network, the number of customers that we serve in the market area, and the way that those customers are doing their banking. We look forward to the opportunity to work with customers to understand how we can help make this transition easier.”Russell said he initially contacted the federal ministry of finance and then complained to local Scotiabank branch about the closure.
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