Oyen TD Canada Trust celebrates 100 years

A local institution in Oyen is celebrating a major birthday this year.
Two thousand twelve marks 100 years of the TD Canada Trust branch in Oyen and the bank celebrated with a party for local residents and businesses.
“We think this is a significant milestone to celebrate, “ said Monique Bateman, Senior Vice President of TD Canada Trust, Prairie Region. “We’re committed to the community, and it’s a great way to show how much we appreciate their loyalty and business.”

Erin Logan, the branch’s Small Business Advisor and one of the event’s organizers, was pleased with the event’s success, calling the turnout “fantastic.”
According to Logan, 150 people attended the event. Attendees included local dignitaries, bank executives and even past bank staff and managers, some of whom worked at the branch over three decades ago.
“We had an instrumental role in the progress of the community,” Logan said. “Our staff members are all active members in the community, so we continue to give back.”
The history of the branch actually predates the village of Oyen, which wasn’t incorporated until a year after the bank opened. Toronto-Dominion Bank opened the branch in October 1912 in a two-room building which contained both the bank and the bank manager’s residence. The next year, the branch moved to a new two-storey building which served the community for half a century before the current building on Main Street was opened in 1961. At its peak, the branch employed 20 staff, compared to today’s compliment of eight.
Even though banking technology evolved over the past century and clients are able to do more of their daily banking remotely, Bateman said that bank customers still rely on their local branch just as much as they did a century ago.
“Back then, the community relied on their banks, and the banks relied on their customers,” she said, stating that customers still want to sit down and talk to their local bank branch.
In addition to the celebration, a $5000 donation was made to the Oyen District Health Foundation, as well as to the local United Church. The church, through an unfortunate coincidence, happened to be holding a fundraising lunch at the same time as the 100th anniversary party.

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