Yarmouth bank branch to celebrate 175th anniversary

Eric Bourque ebourque@thevanguard.ca
Published on February 6, 2014

Larry Pelletier, manager of the Scotiabank branch in Yarmouth, looking over a summary of the branch's history.


By Eric Bourque




This is a milestone year for Scotiabank in Yarmouth and on Tuesday, Feb. 18, the bank will mark the occasion by holding an event commemorating the 175th anniversary of its Yarmouth branch.

Scheduled to start at 9:40 a.m. and last an hour or so, it will include remarks by Scotiabank district vice-president Gord Brost, along with a couple of presentations, a review of some of the branch’s history and a look ahead to other activities planned for that week as part of the Yarmouth branch’s anniversary celebrations.

“We have looked at a couple of things as far as some entertainment to bring in,” said Yarmouth branch manager Larry Pelletier, referring to activities the branch might have during its four-day celebrations. “We’re trying to do some things, celebrate with the community … make it a fun time.”

The Yarmouth branch is the second oldest Bank of Nova Scotia branch. It opened Feb. 18, 1839, seven years after the original Halifax main branch.

The Yarmouth branch was initially located in a small house at the corner of Argyle and Bond streets under joint management of two agents: Stayley Brown and Dr. James Bond, according to a branch timeline.

The branch has had five locations. It moved to its current site at the corner of Main and Parade streets in 1956. It opened an expanded and renovated branch in 1978 and there were further renovations in 1992.

The Yarmouth branch is said to have been the site of the first recorded bank robbery in North America in 1861.

One-hundred-seventy-five years is a long time, Pelletier says, two years longer than the combined Scotiabank service of all the present-day employees of the Yarmouth branch.

Aside from commemorating the bank’s 175-year history in Yarmouth, though, he says he hopes the event on Feb. 18 – along with the rest of the week’s activities – will help focus on the positive things going on locally, notably the much-anticipated return of a ferry service to Maine. There is other good stuff going on too, he says, even if people perhaps don’t realize it.

“There’s a lot of business activity going on,” he said. “We just don’t see it all.”