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Over one million Canadians are now banking locally due to trust in community institutions and better service.
A new report reveals that over one million Canadians now bank locally, driven by growing trust in community financial institutions and a preference for personalized service.
The trend reflects a shift away from large national banks, with many choosing local credit unions and community banks for better rates, lower fees, and stronger community ties.
Experts say the movement supports local economies and fosters financial resilience.
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Más de un millón de canadienses están ahora bancariando localmente debido a la confianza en las instituciones comunitarias y un mejor servicio.