Canada Banking Company

Canada Bank Company

Location: Montreal, British North America

First President:

Existed: March 17, 1792-?

defunct

Canada Banking Company was an early and short-lived bank established in 1792 in Montreal (then British North America).

The bank was established by three firms led by nine Montreal merchants (notably John Forsyth, John Richardson, James McGill and Isaac Todd) and attempted to issue banknotes to be used in the British colony.^[1] It failed to obtain permission to issue the notes, faded after few months of operations^[2] and disappeared before the start of the 19th century.

The company was a private not public bank, and appears to have been only a deposit-taking institution that issued a few bills, notably army bills. A surviving copy is held in the National Currency Collection of the Bank of Canada.^[3]

Richardson and Forsyth founded the more successful Bank of Montreal in 1817.

References

Banks and credit unions in Canada

Banks

Big Five	Bank of Montreal Canadian Imperial Bank of Commerce (President's Choice Financial) Royal Bank of Canada Scotiabank (Tangerine) Toronto-Dominion Bank (TD Canada Trust)

Other banks	AMEX Bank of Canada Bridgewater Bank Business Development Bank of Canada Canadian Tire Financial Services Canadian Western Bank Citibank Canada Citizens Bank of Canada Equitable Bank Exchange Bank of Canada First Nations Bank of Canada HSBC Bank Canada ICICI Bank Canada Laurentian Bank of Canada Manulife Bank of Canada Meridian Bank National Bank of Canada Rogers Bank VersaBank Wealth One Bank of Canada

Credit unions

Credit unions	Affinity Credit Union Aldergrove Credit Union Alterna Savings Assiniboine Credit Union BlueShore Financial Central 1 Credit Union Coast Capital Savings Concentra Financial Conexus Credit Union Credit Union Central of Canada Desjardins Group Envision Financial First Calgary Financial First West Credit Union Gulf and Fraser Fishermen's Credit Union Island Savings Kawartha Credit Union Kootenay Savings Credit Union Libro Financial Group Meridian Credit Union Mouvement des caisses populaires acadiennes Servus Credit Union Steinbach Credit Union TCU Financial Group Vancity Windsor Family Credit Union Your Credit Union Your Neighbourhood Credit Union

Credit union deposit insurance	Alberta * British Columbia * Manitoba * New Brunswick * Newfoundland and Labrador * Nova Scotia * Ontario * Prince Edward Island * Saskatchewan

Other financial institutions

Federal financial institutions	Farm Credit Canada

Provincial financial institutions	ATB Financial

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