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CTV News

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Scotiabank to close branch at Carleton University this summer

CTV News

02-06-2025

Business
CTV News

Scotiabank to close branch at Carleton University this summer

Scotiabank is closing its branch at Carleton University on Aug. 5. (Katie Griffin/CTV News Ottawa) Scotiabank is cashing out of Carleton University, closing its branch at the campus of the Ottawa University. In a statement to CTV News Ottawa, Scotiabank said it has 'made the difficult decision' to close the Carleton University branch on August 5 and relocate in-person services to its branch at 1145 Bank Street, near Belmont Avenue. 'With client preferences changing, and more day-to-day banking being done digitally, we are continuing to evolve how we serve our clients and invest in areas that make it easier for them to bank with us from wherever they are,' Scotiabank said. 'We are committed to supporting our customers, employees and communities through this transition.' When asked if the Automated Banking Machine would remain on campus, Scotiabank said it had no further information about its services at Carleton University. In March, the Scotiabank branch inside Paterson Hall switched to 'advice services only,' and eliminated tellers providing over-the-counter cash services, including allowing customers to deposit cash or make bill payments. The ABM machine remains at Carleton University through the spring. Carleton University A Scotiabank automated banking machine (ABM) at Carleton University. Scotiabank tells CTV News Ottawa three branches, including Carleton University, now focus on advice. (Dave Charbonneau/CTV News Ottawa) The closest branches to Carleton University are 1145 Bank Street, 1.2 kilometres away, and 828 Bank Street, approximately 2 kilometres away. RBC has a branch on the campus of the University of Ottawa, called a 'financial literacy centre for students.'