About Laurentian Bank
On May 26, 1846, the Montreal City and District Savings Bank (which was eventually to become Laurentian Bank of Canada) is founded by Monsignor Ignace Bourget, second Bishop of Montreal, and by a group of 15 prominent Montrealers from many linguistic and denominational communities. After its first year of operation, the Banks serves 500 clients with $117,400 in assets.
The Bank’s accounts grow from 1,301 to 3,072 between 1850 and 1860, with deposits totalling $746,043… Continue reading about Laurentian Bank here.
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