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The Union Bank Of Canada, Early 1900

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    Posted 9 years ago

    Alan2310
    (915 items)

    Hi
    Everyone.
    I have this real photo of "The Union Bank Of Canada" for few years now, I believe this was take in North West Territory, this is part of my banking memorabilia collections, i found this picture on Ebay, at the time very active collecting banking stuff, really lucky to find it, banking picture are coming often the marketplace.

    This photo measure 5 inch by 7 inch glue on Cardboard.

    Thanks for Viewing.
    Alan
    ----------------------------Union Bank of Canada----------------------------------

    Beginning under a provincial charter as the Union Bank of Lower Canada in 1865, the Union Bank remained in Quebec City until 1912 when it relocated its head office to Winnipeg. In 1886, the bank's name was changed to "Union Bank of Canada."
    The Union Bank of Canada's legacy was its distinction as the first bank to provide an extensive branch system throughout the Prairie Provinces, and the first chartered bank to operate in Alberta. Frequently referred to as the "pioneer bank of Western Canada", the Union Bank followed Canada's railway across the Prairies, often first to open at the "end of the steel", housed in a tent or rough shack.

    With the deepening of the post-war depression in 1922, the Union Bank's strategy of exuberant expansion was cracking due to overexposure on the Prairies. Although the bank's problems were not insurmountable its directors felt recovery would be long and slow and pursued a merger with another bank. On September 1, 1925, the Union Bank was absorbed by Royal Bank and the Union's considerable branch network, of which approximately two-thirds were located on the Prairies, rounded out Royal Bank's western presence.

    ----------------------------Picture #2 description:----------------------------------
    In 1912 the Northern Crown Bank opened a branch at Holdfast, Saskatchewan in temporary quarters in the local hotel. When the safe arrived, it was found to be too large to place inside the hotel so it was left outside in the street. Despite the fact that the safe was unguarded and that the town was populated by strangers and without street lights, no attempt was made to open the safe without using the combination.

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    Comments

    1. PostCardCollector PostCardCollector, 9 years ago
      Structure of Wood! What about fire?? I think if this was the only option, I'd keep my money inn my mattress....Very nice photo.
    2. blunderbuss2 blunderbuss2, 9 years ago
      Wonder if it has a wooden vault?
    3. Roycroftbooksfromme1, 9 years ago
      lol very cool..
    4. Alan2310 Alan2310, 9 years ago
      Many thanks, Roycroftbooksfromme1, for the comment and the love, really appreciated you stop by.

      Alan
    5. Alan2310 Alan2310, 9 years ago
      PCC, well,,, far in west and out of the city in late nineteen hundred every habitation was wood, nothing new about that, but very secure with few ton steel safe inside, no one can robbery the bank.
      Many thanks for your comment and the love, much appreciated.

      Alan
    6. Alan2310 Alan2310, 9 years ago
      Ha BB2, no wooden Vault, only few ton steel safe inside and the 2 guy in the front of the building carry gun.
      Many thanks for the comment and the love, much appreciated.

      Alan
    7. Alan2310 Alan2310, 9 years ago
      Many thanks, VioletOrange

      Manikin

      Rick

      Caperkid

      mike

      Roycroftbooksfromme1

      blunderbuss2

      PostCardCollector

      aghcollect

      kevin, for the love, really appreciated you stop by.

      Alan
    8. blunderbuss2 blunderbuss2, 9 years ago
      There was a town in gold rush town in NE AL in the early 1800's. As teenagers,friends & I located the town & what was obviously the bank location. Inside the foundations was a stone & concrete "vault" about 10' x 10' standing alone. We panned around there & sold what we found to a banque about 15 miles away that had scales & paid us for our "dust". $35 an oz.!!!
    9. blunderbuss2 blunderbuss2, 9 years ago
      See no proof of a steel vault & probably a wooden structure (apparently like we found) with a brick/stone vault. Lot cheaper that way! We can only speculate at this stage.
    10. Alan2310 Alan2310, 9 years ago
      BB2, i love that story,,, COOL.....
      There so many treasure hidden everywhere, we don't gone believe how many out there, for sure.
      Alan
    11. blunderbuss2 blunderbuss2, 9 years ago
      Those characters look more like they are there to rob the banque than guard it!! LOL!!
    12. blunderbuss2 blunderbuss2, 9 years ago
      Was the pix of the vault there when 1st posted? Ain't going thru that door! Maybe it was just kept outside! LOL!!
    13. Alan2310 Alan2310, 9 years ago
      Many thanks, Trey

      David

      ho2cultcha, for the love, really appreciated, you stop by.

      Alan

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