Private company

Eastern Townships Bank

Logo: Eastern Townships Bank, Public domain, via Wikimedia Commons3

Canadian bank (1855–1912)

The Eastern Townships Bank was a Canadian bank that existed from 1855 to 1912. Concentrated in southeastern Quebec, some branches were later opened in western provinces. In 1912, the bank was merged into the Canadian Bank of Commerce.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1859Founded1

The Eastern Townships Bank was a Canadian bank that existed from 1855 to 1912. Concentrated in southeastern Quebec, some branches were later opened in western provinces. In 1912, the bank was merged into the Canadian Bank of Commerce.2

The story

The bank received a charter of incorporation in 1855 but did not establish operations until 1859. The authorized capital was £250,000 in 1855, increased to £400,000 in 1859. Of the latter, £206,200 was issued and £20,620 paid up by June. That July, the bank purchased a building in Sherbrooke, which was remodelled before occupation. That September, the bank opened for business at the Sherbrooke head office and Waterloo branch. The Stanstead branch opened months later.

From Wikipedia’s article on Eastern Townships Bank, shared under CC BY-SA 4.0.4

Timeline

  1. 1859Founded Founded1

Sources

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