Weyburn Security Bank

Weyburn Security Bank
Founded1910
Founderlocal businessmen
Defunct1931
FateMerged
SuccessorMerged into modern-day Canadian Imperial Bank of Commerce (CIBC)
Headquarters
Weyburn, Saskatchewan
,
Canada

The Weyburn Security Bank was a chartered bank headquartered in Weyburn, Saskatchewan, Canada.[1][2] The bank was established by a group of American investors as a private bank in 1910, by 1911 the bank had advanced to the point where it obtained a Canadian bank charter.[3] Over its 30 years of operation the bank expanded to having assets of $6 million and serving 33 communities. Due to the onset of the great depression, in May 1931 the bank was purchased by the Imperial Bank of Canada. The Weyburn Security Bank Building is a designated provincial heritage building.

See also

References

  1. ^ "Weyburn Security Bank". CITY OF WEYBURN. Retrieved 2012-04-14.
  2. ^ "Pygmy among the giants : the Weyburn Security Bank; Master of Art Thesis by Martin, William McLintock". University of Saskatchewan. May 1993. Retrieved 2012-04-14.
  3. ^ "Weyburn Security Bank". Canada's Historic Places - a Federal Provincial and Territorial Collaboration. Retrieved 2012-04-14.
  • CIBC - Mergers and Amalgamations, The Canadian Bank of Commerce