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1910 - 1925

 

Filling in the Map: Growth by Amalgamation

Northern Crown Bank, Red Deer, Alberta branch, c. 1917
Royal Bank's Red Deer, Alberta branch originally opened in 1906, in the premises pictured left, as a branch of the Crown Bank of Canada. The Crown Bank merged with the Northern Bank on July 2, 1908.


Union Bank of Halifax, Barrington Passage, Nova Scotia, 1909
The Union Bank of Halifax opened a branch in Barrington Passage, Nova Scotia in 1896 in a building they purchased for $275. The branch moved across the street into newly constructed premises (pictured right) in February 1909, where it stayed for over 70 years before moving, in 1981, to more modern premises. In the doorway stands Cedric Robertson, manager of the branch from 1897 to 1909.


Stanley's first bank account, 1902
Young Stanley waited patiently while his father opened an account on his behalf in the Grand Valley, Ontario branch of the Traders Bank of Canada. Manager R.H. Smart is seated on the left. With the acquisition of the Traders Bank, as with its other mergers, Royal Bank acquired a desperately needed well-trained staff to man its rapidly expanding branch network.


Former Union Bank of Canada branch in Lethbridge, Alberta, c.1920
This modest building housed the first branch of a Canadian chartered bank to be established in the province of Alberta, the Lethbridge branch of the Union Bank of Canada, which opened in 1886. Lethbridge owes its first branch to the Alberta Railway and Irrigation Company, whose president was Alexander Galt. Mr. Galt was also a director of the Union Bank of Canada. The A.R. and I. Co. linked the then isolated city by means of a narrow gauge railway to Dunmore Junction. By 1920, in line with its policy of assisting in the growth of settlements, the Union Bank of Canada was represented at 78 centres in Alberta.


Thetford Mines, Quebec branch of the Quebec Bank, 1929
Twelve years after the merger of the Quebec Bank and Royal Bank, Thetford Mines branch still proudly displayed its original parentage in the stone face of the top of its building. The branch opened for business in 1899, seven years after the town of Thetford Mines was founded.

 

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12/07/2004 08:31:37