HomeMy WebLinkAboutThe Citizen, 2018-03-01, Page 25THE CITIZEN, THURSDAY, MARCH 1, 2018. PAGE 25.
With bank loss looming, Blyth community meets
By Denny Scott
The Citizen
What started as a discussion about
the future of Blyth in light of the
village losing its school and possibly
its only bank has led to a second
meeting for further discussion.
Hosted by the Blyth Business
Improvement Area (BIA) after its
AGM on Feb. 22, the discussion
brought together local business
owners, stakeholders and residents
to discuss the future of the village.
While some discussion was geared
towards Blyth's current situation
with financial institutions, either
keeping the Canadian Imperial Bank
of Commerce (CIBC) branch that is
slated for closure in September or
bringing in a new institution, there
The Cream
The Cream (which rises to the top) was one of 10 local teams to pull up their sleeves and take
part in the Blyth Lions Club's annual snow volleyball tournament, which, on Saturday, was
devoid of any snow and was more of a mud volleyball tournament. Losing the 'C' Final didn't
dampen their enthusiasm though and stop the team from celebrating their final game of the
day. The tournament is held annually by the Lions in the names of John Bokhout and Blake
Hesselwood, locals who perished several years ago. From left: Kevin Austin, Jessica Loughlin,
Shawn Loughlin, Dana Loughlin, Denny Scott and Brett Walther. (Hannah Dickie photo)
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were also several ideas discussed
aimed at inspiring growth in the
community.
"What can we do to attract another
institute?" Crystal Taylor asked,
likening the effort to bring a bank to
the village to attracting doctors to an
area.
Local business owner Jennifer
Triemstra-Johnston said that media
attention would help the issue as
contacting individual banks could
prove difficult.
BIA Past -Chair and commercial
property owner Rick Elliott said
that, before looking to getting a
bank, the group should consider
what services they are currently
using and what kind of banking
services they need.
"In the last two years, we've seen
people get away from ATMs and
start using their phone," he said. "We
need to decide whether that
migration is something that will
continue or whether there are still
services that are important to the
community."
He said the village hosts many
events, and, because of that and
because of the businesses
downtown, a night deposit system is
likely very important. Being able to
get change is also important.
Irene Kellins of Stitches With a
Twist said that a byproduct of the
petition created to keep CIBC in
town was that she now had a better
understanding of what people want
in their banks.
"A large number of people said
they like face to face interactions,"
she said. "They are not ready to trust
electronic banking. They want to
walk in and talk to people and that's
what they are looking for."
Chris Lee of Walton, former
president of the Walton Raceway
who is currently involved with the
Goderich-to-Guelph Rail Trail
(G2G), said contacting the banks
might be a good way to go. He
suggested a regional manager with a
local credit union to start.
Elliott said that, in talking to the
banks, the conversation would likely
be focused on deposits.
"We have to support our banks and
drive as many dollars into the local
economy as we can," he said,
expanding on that idea by saying
locals also need to support Blyth's
grocery store, post office and other
businesses. "We can't push money
out of the community anymore. This
is the result"
Blyth ratepayer Patty Kellins said
that, with a proposed development at
the north end of the village focused
on seniors, a bank would need to
know that they are going to have
face-to-face customers. She said that
CIBC may have made the decision
to close long before that
development became public and that
kind of information may change the
situation.
"We have to make whatever bank
we're looking at aware of that
growth," she said. "Things have
changed a lot here in the last two
years"
Blyth Festival Artistic Director Gil
Garratt said that the better plan may
be to focus on what will bring
people to the community which will
attract a bank instead of trying to
attract a bank.
He likened the situation to one in
Goderich where a physician
recruitment board had attracted 18
doctors to the lakeside community.
"They didn't talk about hiring
[when asked how they managed the
feat]," he said. "The committee
talked about what the community
has with the library, the pool, the
YMCA and other factors that
Continued on page 30
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