Borden-Carleton credit union closed
Brian Higgins | CBC News | Posted: January 27, 2017 4:30 PM | Last Updated: January 27, 2017
Consolidated Credit Union says fewer people using face-to-face banking services
The credit union in Borden-Carleton, P.E.I., closed its doors Friday, saying fewer people are using face-to-face banking services.
The Consolidated Credit Union posted a statement on its website, saying the decision was made "after careful thought and deliberation," and is a way to manage costs.
The three employees at that branch will now be working out of the branch in Summerside, P.E.I., and customers will be able to receive face-to-face services at that location.
'Now we got nothing'
Some residents are upset about what it means for the town.
"We got no bank, we got no credit union. Now we got nothing. Next thing, they'll be closing the school and then they'll close the rink," said resident Corinne Birch.
"They might as well put a big fence up around Borden and a bypass."
ATM and night deposit services are still available at the Borden-Carleton location.
According to the information posted online, there are no plans for the building at this time.
- MORE P.E.I. NEWS | P.E.I. wages continue rapid growth
- MORE P.E.I. NEWS | P.E.I.'s latest Prime Minister's Youth Council member wants to talk to you
- A previous version of this story stated 29 people worked at the Borden-Carleton branch. In fact, three people worked at the branch. A total of 29 people will now work in Summerside, now including the three from Borden-Carleton. January 30, 2017 5:21 PM