Many smaller communities are feeling the impact of recent bank branch closures and others have been served notice that their branch will close in 2024. By losing this core service, there is a direct impact on these communities. Business have to plan any cash or coin orders further in advance. Any physical deposits need to be driven 30-40 minutes to access a branch increasing staffing and transportation costs. Other businesses are forced to keep additional cash on hand which increases risk for loss or theft. Our seniors can feel a bit more isolated because they lose this service. For some seniors, a trip to the local bank to cash a cheque or pay a few bills isn’t just a service but a social activity for them. When a local bank branch closes, they miss this valued part of their routine.