Suvarna Garge (Editor)

Weyburn Security Bank

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Fate
  
Merged

Founder
  
local businessmen

Defunct
  
1931

Founded
  
1910

Successor
  
Merged 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. 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 Weyburn Security Bank Building is a designated provincial heritage building.

References

Weyburn Security Bank Wikipedia