There have been concerns expressed about the new location. While the financial world is moving toward digital banking apace there remain those, especially from the older generations who still wish to do their banking in person, physically. The IEC is very accessible by public transportation but parking is a huge issue.
This is where the LCU location provides great benefit, with a large parking lot. Located near the Don Valley Parkway it is easy to reach by automobile. Public transportation, if one likes riding the bus, will bring the client to the front door. The completion of the Eglinton LRT sometime next century will also facilitate access.
Another bonus is the fact that the LCU office is attractive and the Latvian House well maintained. Many Estonians have held confirmation parties or wakes there, and their in-house catering service is of high quality.
The only drawback seems to be linguistic; banking will have to be done in English, the lingua franca of the world. The alternative is for ECU members to learn Latvian, and vice versa. Considering the historical humorous approach we have to the other’s language, this might be a fun challenge.
The next step, of course, is to swallow the Parama Lithuanian Credit Union, also with two physical properties. Considering that their CEO is an Estonian a Baltic Credit Union beckons…
Tõnu Naelapea, Toronto