‘It is scaring a lot of people’: Banks closing 20 rural Sask. branches in 2017

Sheila McDonald, 93, is struggling with the news the only bank in her hometown of Invermay, Sask., is closing down. (Micki Cowan/CBC)

By Micki Cowan, CBC News, July 9, 2017 

Banks cite online banking, changing nature of banking as reasons for closures

Disbelief and anger were Sheila McDonald’s first reactions to the news that her hometown of Invermay, Sask., would be losing its only financial institution this fall — a long-standing Royal Bank of Canada branch.

“Your big fear is losing your school or losing your [care] lodge. When they start with this, you don’t know where it’s going to end,” McDonald said.

“I don’t know why they’re trying to kill the small towns.”

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