Chippawa residents mourn previous financial institution losses as RBC department strikes in the direction of closure


Ray Saint Jean, proven outdoors the RBC department in Chippawa, mentioned there is no such thing as a level in closing the department at a time when Chippawa is booming. Many different residents of the village really feel the identical manner.

  • A worn, safe deposit box is featured on the exterior of the RBC branch in Chippawa, which will close in May and merge with a new branch at the corner of Montrose Road and McLeod Road.

Ray St. Jean may foresee the closure of the final shore of Chippewa if the village was decaying and its inhabitants was declining, however like many different residents of the waterfront group in Niagara Falls, he didn’t make the transfer at such a time. Can perceive when the group is booming.

RBC final despatched residents a letter asserting that it could be closing the long-standing department at Cummington Sq. on Might 12, combining it with a brand new department on the nook of Montrose Street and McLeod Street.

The banking big mentioned it was a logical transfer as extra individuals transfer to on-line and cellular banking and conventional private banking at branches goes down.

“As individuals in our group proceed to develop their banking habits, now we have seen fewer guests to our Chippawa department yearly,” the financial institution’s letter mentioned.

A number of Chippawa residents took to Fb to precise their dismay on the closure of the native department, a few of whom mentioned that they had accounts for greater than 50 years and their mother and father had accomplished so earlier than.

Resident Terry Sherwood Menzies expressed hope that one other financial institution or credit score union would select to maneuver into the RBC location. “I will be a buyer,” she mentioned.

This might imply that residents wouldn’t must journey alongside the busy McLeod Street to Montrose Street, which will get busier and busier because the southern finish of the town.

“We name it ‘The Gauntlet,'” mentioned St. Jean of McLeod Street Run. “It is a horrible stretch of highway and a number of seniors do not drive.”

He, like another residents posting on-line, was involved concerning the influence the transfer would have on senior residents, who St. Jean mentioned went to Nook Retailer to get money for grocery purchasing when RBC moved. Banks could also be pressured to pay service expenses at machines.

With massive legends constructing on the inexperienced townhome improvement on Willoughby Street in Chippewa and the proposal for one more massive subdivision on the nook of Stanley Avenue and Leon Creek Street, St. Jean mentioned Chippewa is within the midst of heavy improvement.

“I feel the timing is horrible,” he mentioned. “It clearly is mindless. Chippawa is increasing quickly and we’re dropping out on the one financial institution now we have.

“From the banks income, why would not they seek the advice of the group?”

A number of residents posted on-line how a lot they considered the employees on the native RBC department.

“They’re a beautiful group of individuals,” mentioned St. Jean. “I all know Taylor they usually know me by first identify.”

One other resident mentioned on-line: “Positively probably the most useful and friendliest employees I’ve ever encountered within the banking world.”

Cheryl Breen, Southwestern Ontario’s director of communications for RBC, mentioned the financial institution’s department community always evolves and adjustments because the financial institution serves prospects the place and the way they need to conduct their banking. He mentioned that would imply combining branches, transferring some branches or opening new ones resembling Montreux and McLeod on Might 15.

“After cautious consideration of how we are able to finest serve our prospects within the Niagara Falls group, we made the choice to merge our Chippa department with Montrose and McLeod,” she mentioned. “We’re dedicated to working with all of our prospects to make sure they’ve banking options that work for them.”

The financial institution mentioned that the account quantity and test is not going to change, and the protected deposit field can be safely moved to the brand new department location.


Behind the Story: After studying that Chippawa is about to lose its solely remaining financial institution department, Niagara This Week checked out how residents felt concerning the determination.



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