Nunavik’s co-ops scale back on teller banking – Nunatsiaq News

May 08, 2015

Nunavimmiut will no longer be able to cash cheques, make desposits or open an account

As of May 1, customers of the Nunavik Financial Services Co-operative no longer have access to in-person banking services.

That’s since Quebec’s Desjardins credit union scaled back the services it has operated through Nunavik co-ops over the last eight years.

In 2007, Desjardin’s Caisse d’économie solidaire teamed up with the Fédération des co-opératives du Nouveau-Québec (FCNQ) to offer banking services at each at co-op counters in each community, as it does in small and remote communities across the province.

In five communities; Kuujjuaq, Puvirnituq, Inukjuak, Salluit and Kuujjuaraapik, Desjardins also employed financial advisors at their banking centres — positions that were eliminated April 30.

Read More: http://www.nunatsiaqonline.ca/stories/article/65674nunaviks_co-ops_scale_back_on_teller_banking/