Weyburn Security Bank
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The Weyburn Security Bank was a chartered bank headquartered in
Weyburn Weyburn is the tenth-largest city in Saskatchewan, Canada. The city has a population of 11,019. It is on the Souris River southeast of the provincial capital of Regina, Saskatchewan, Regina and is north from the North Dakota border in the ...
,
Saskatchewan Saskatchewan is a Provinces and territories of Canada, province in Western Canada. It is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and to the south by the ...
,
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
. 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. 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 Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce. History It was founded in 1873 as the Imperial Bank ...
. The Weyburn Security Bank Building is a designated provincial heritage building.


See also

* Canadian chartered bank notes


References

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External links


CIBC
- Mergers and Amalgamations, The Canadian Bank of Commerce Defunct banks of Canada Weyburn Banks established in 1910 1910 establishments in Saskatchewan Banks disestablished in 1931 Canadian companies established in 1910 1931 mergers and acquisitions 1931 disestablishments in Saskatchewan Canadian Imperial Bank of Commerce