Scotiabank delays Old Harbour branch closure

The branch was first scheduled to formally shutter its operations at the end of April, the bank had announced last year.

However, that will now happen later in May, Treacha Reid-McCalla president of the South St Catherine Chamber of Commerce has informed.

“The executive vice president (Perrin Gayle) was in Old Harbour on the 19th February where he had a discussion with his team. We were there where he also said that the closure of the branch has been pushed back until May 15, 2021.

“There wasn’t a definitive answer as it relates to the night deposit as it relates to if they are going to have it remain or they are going to take it away permanently. They are doing some investigation as to where they could leave the night depositary,” she explained

In October last year, the island’s second largest commercial bank announced plans to permanently close its Black River and Old Harbour branches at the end of February and April respectively.

This it said was necessary to better align its organizational structure with current revenues and a noticeable shift in customer preferences to doing transaction online.

Operations at Black River have been consolidated into its Santa Cruz location, the company stated while May Pen is the hub advised for in-branch activities for Old Harbour customers.