Royal Bank of Canada marks 100 years in Burns Lake

In this 1944 photo, the Royal Bank of Canada is shown at the location it moved into in 1921. (Royal Bank of Canada photos)

The Royal Bank of Canada (RBC) celebrates 100 years in Burns Lake on Aug. 8.

A century ago, the bank opened its branch at an unconfirmed location in the village, as Alice Harris, Branch Manager told Lakes District News, based on RBC’s historical archives.

The records weren’t clear on where exactly the first branch was set up, Harris said.

RBC’s presence here is technically older than Burns Lake itself, as the village wasn’t incorporated until 1923.

In January of 1921, land for a new location was purchased from the Burns Lake Trading Company for $1,000, or $14,051 in 2019 money adjusted for inflation. That spot was the bank’s current location of 354 Yellowhead Highway 16.

A two storey, framed building with a concrete basement was constructed for a contract price of $10,783 ($151,517 today). The building included living quarters on the upper level.

The structure was demolished in early 1969 and a new building for the branch was constructed.

Almost a decade later, in 1978 it underwent renovations to improve service and efficiency, Harris said.

Today the RBC, from its location in the heart of the village, provides services to more than 4,000 clients.

The bank is holding an open house celebration of its anniversary on Aug. 8.


Blair McBride
Multimedia reporter
Send Blair an email
Like Lakes District News on Facebook

 

A staff member works inside the Royal Bank of Canada in 1954, in Burns Lake.

The inside of the Royal Bank of Canada in Burns Lake, in this 1969 photo.

The Royal Bank of Canada in Burns Lake, on Aug. 2, 2019. (Blair McBride photo)

Just Posted

B.C. First Nation Chief Ed John faces historic sex charges

John served as minister for children and families under then-premier Ujjah Dosanjh

Man hit, killed by vehicle in Fraser Lake

A man was struck and killed by a motor vehicle in Fraser… Continue reading

Cullen gets $89,000 in post-MP severance

At 55, the former MP will also be eligible for an $82,000 per annum pension

Pipeline project prioritizes local workers, TC says

The Coastal GasLink (CGL) pipeline project might offer numerous jobs to locals… Continue reading

Possible pot shop in the works

Signage of Crossroads Cannabis has gone up on the building that KFC… Continue reading

VIDEO: B.C. to restrict nicotine content, bring in 20% tax on vaping products

Province will also restrict candy and fruit flavoured vaping products to adult-only stores

Seguin lifts surging Stars to 4-2 win over Canucks

Dallas is 6-0-1 in last seven outings

B.C. government working with RCMP to address $10 million in budget cuts

Public Safety Minister Mike Farnworth issues statement following report of RCMP cost-cutting

‘City that protects rapists’: Sexual assault survivor slams Kelowna mayor for defending RCMP

Heather Friesen spent the morning handing out flyers around city hall calling out the mayor

BC Liquor Stores to move fully to paper bags by March

Vancouver Island to be the first to convert to paper bags in November

Tolko shuts B.C. divisions for two weeks over holidays

Head office to close from Dec. 23-27; two weeks’ downtime runs Dec. 21-Jan. 6

Port Moody mayor says stayed sex assault charge related to ‘awkward date’

Rob Vagramov said charge was related to a string of dates in 2015

UBC conference draws fire over speaker from Chinese tech company blacklisted in U.S.

The company that has been blacklisted by the U.S. over links to the repression of China’s Muslim minority

‘It’s been 12 years’: Father of murdered B.C. real estate agent pleads for mayor’s help

Lindsay Buziak was stabbed to death on Feb. 2, 2008 in Saanich. Her case is unsolved.

Most Read