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Crowsnest Pass town latest Alberta community to lose bank branch — a trend seen across Canada

Summary by CBC News
The loss of retail banking service locations is not unique to one bank or to Alberta or to small towns. The Canadian Bankers Association says the number of bank branches is down nationwide: about six per cent from 2020 to 2024. But the closures hit harder in small communities where the options are fewer and farther apart.

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Crowsnest Pass town latest Alberta community to lose bank branch — a trend seen across Canada

The loss of retail banking service locations is not unique to one bank or to Alberta or to small towns. The Canadian Bankers Association says the number of bank branches is down nationwide: about six per cent from 2020 to 2024. But the closures hit harder in small communities where the options are fewer and farther apart.

·Canada
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CBC News broke the news in Canada on Sunday, February 1, 2026.
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