The Bank of Montreal was established in Canada in 1817. The Bank of Montreal in Edmonton was first opened in September of 1903 with E.C. Pardee as the manager. The bank first operated in a frame building on Jasper Avenue with plans to build a permanent building. The Bank of Montreal’s new permanent building was built on Jasper Avenue and Howard Street (now known as 100A Street). The architects for the building were Taylor, Hogle and Davis of Montreal. The three story building was opened by 1907.
In 1918 the Bank of Montreal absorbed the Bank of British North America and moved to 101 Street and Jasper Avenue. In 1921 the Bank of Montreal absorbed The Merchants Bank which had been in Edmonton since 1898, and in 1925 they absorbed Molson’s Bank.
The main branch building underwent reconstruction in the early 1960s. The new building opened in 1963 and was 10 stories tall and had the province's largest bank vault. In the 1980s the Bank of Montreal built a building on the former site of Tegler Building located on 101 Street and 102 Avenue.
In 2012 the Bank of Montreal building located on Jasper Avenue and 101 Street was demolished. The Bank of Montreal continues to operate at various locations throughout Edmonton.
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