Times Advocate, 1991-06-05, Page 3Times -Advocate, June 5, 1991
Page 3
Laurentian Bank
welcomes Standard Trust
customers.
aurentian Bank of Canada is proud to
announce that we have acquired the operations
of Standard Trust Company's 30 branches:
We are hard at work preparing all branches for opening on Tuesday, June 25, 1991, under our
name. Laurentian Bank of Canada will be retaining all existing Standard Trust branch
personnel, thereby ensuring you continue to receive the same friendly, personalized service.
hat this change means to you:
The Canada Deposit Insurance Corporation (CDIC) will transfer your insured deposits to
Laurentian Bank of Canada on June 25, 1991, as demand deposits. This means that your
insured deposits will soon be accessible to.you. We ask that you come by a Laurentian Bank
branch at a time convenient to you to complete account opening forms and to give us
instructions for the reinvestment of your money. Even if you are unable to come in right
away, your money will start earning interest on June 25th. Our daily interest rate will be
1% higher than any of the five major Canadian chartered banks.
hat we offer:
We will be offering grand opening specials that will enable you to reinvest your term funds
with us at rates higher than those of our major competitors. In addition, for any Standard Trust
deposit renewed within the 90 days following June 25th, the term deposit rate will be applied
retroactively to June 25, 1991.
nu.
Canadian bank since 1846
•
Laurentian Bank of Canada is the country's seventh largest domestic bank, with over $6 billion in
assets and 170 offices. We also employ more than 2,100 Canadians. We offer a full range of
personal banking services including deposit accounts, personal loans, mortgages, a Visa card
and much more. Laurentian Bank of Canada is a member of the Laurentian Group which also
has extensive insurance operations including Imperial Life Assurance Company, Laurentian
General and Laurentian Life Insurance Company. Internationally, the Group's principal
subsidiaries are Laurentian Life Plc (U.K.) and Laurentian Capital Corporation (U.S.).
Laurentian Bank of Canada has a 145 -year tradition of sound financial management and
responsiveness to our customers' needs. We look forward to serving you starting June 25th.
Wip4s4Ams,
Dominic D'Alessandro
Robert S. Robson
President, Chief Executive Officer Senior Vice President, Central & Western Region
For further information, please Gall your local branch office.
LAURENTIAN BANK
OF CANADA
SINCE 1846
4.
,
••
1