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Molson Bank: Wikis


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This BMO branch in Waterloo, Ontario retains the Molsons Bank name on the plinth.

The Molson Bank (sometimes labeled Molsons Bank) was a Canadian bank founded in Montreal, Quebec, by brothers William (1793-1875) and John Molson, Jr. (1787-1860), the sons of brewery magnate John Molson.

In 1850, it was constituted under the Free Banking Act passed by the parliament of the Province of Canada. To increase its powers and its revenue, the bank was incorporated in 1855 and granted a charter allowing it to operate its bank in the same way as other banks. With its head office at the corner of St. James & St. Peter streets (today known as Saint-Jacques and Saint-Pierre streets) in Montreal, it continued in operation until 1925 when it merged with the Bank of Montreal.

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