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Maynooth’s Search for New Bank Broadens

Hastings Highlands is still looking into finding a new bank or credit union for Maynooth.

This comes after an announcement from July that the Scotiabank branch in Maynooth would be closing in January.

A report from CAO Pat Pilgrim was presented to the municipal council, outlining different financial institutions that have been contacted as options for the community.

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Kawartha Credit Union told the municipality about the possibility of having a mobile banking unit that operates in the town a few times a week.

However, the credit union is still looking into if that option is feasible.

Northern Credit Union has also expressed interest to the municipality, but is requesting that a letter of intent be sent to its CEO.

Written by: Andreas Pandikiu

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