Bank marks its centennial year in Prince Albert

Tyler
Tyler Clarke
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Although it’s operated under different names and in five different buildings, the Royal Bank of Canada has been in Prince Albert for 100 years.

Prince Albert’s newly elected mayor Greg Dionne is seen congratulating Prince Albert’s Royal Bank of Canada for marking their centennial in Prince Albert. Left is mutual funds representative Dale Rohovich and right is financial planner Wade Magnusson. 

Although it’s operated under different names and in five different buildings, the Royal Bank of Canada has been in Prince Albert for 100 years.

The bank marked it centennial with a casual get-together at their branch on Thursday, with the city’s newly elected mayor Greg Dionne invited as their special guest.

“I’m very pleased to be here today, because whenever you can celebrate 100 years of serving the community, that’s incredible,” Dionne said.

“What I also like about it is that we’re celebrating it in this brand new facility, with all the new technologies so you have so many more options in banking. I’m very pleased for the staff and the bank to be here to celebrate 100 years with them.”

The first Prince Albert incarnation of the bank opened on Nov. 1, 1912, at a building located on First Avenue West.

I’m very pleased to be here today, because whenever you can celebrate 100 years of serving the community, that’s incredible. Newly elected mayor Greg Dionne

The following year, the bank, then called the Union Bank of Canada, relocated to a newly built three-storey building at the corner of Central Avenue and 12th Street.

The Union Bank merged with Royal Bank on Sept. 1, 1925, with Royal Bank relocating to the Union Bank building.

The Royal Bank erected a new building, on the same property in August, 1970, spending the construction period in a temporary location.

They remained at this property until July, 2011, when the branch relocated to a brand new and much larger building at 735-801 15th St. E., in the city’s Cornerstone Shopping District. 

Organizations: Prince Albert, Union Bank, Royal Bank of Canada

Geographic location: Central Avenue, 12th Street

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