Skip to main content
Open this photo in gallery:

Paul Chiasson/The Canadian Press

An era is about to end at the Laurentian Bank of Canada with customers no longer having access to teller services as of Monday in almost all of its branches.

Six rural locations will continue to offer these services until September.

The changes are part of a plan that began in 2016 to offer only branch-level financial advice by the end of 2019. Thirty-one of 91 locations have already eliminated their tellers.

Spokeswoman Hélène Soulard says Canada’s seventh-largest bank began to warn customers more than four months ago about the change that will result in the elimination of 350 positions.

Laurentian wants customers to use automatic tellers and online banking, but it still doesn’t offer an app.

Acrimonious negotiations with about 1,200 unionized employees ended in March when 81 per cent of workers accepted the bank’s contract proposal.

Report an editorial error

Report a technical issue

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 28/05/24 4:00pm EDT.

SymbolName% changeLast
LB-T
Laurentian Bank
-1.03%27.01

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe