CMF-Banks_proof3 In 1871, when a major fire devastated the McCallum Block and the Jeffrey's Block on King Street, the Bank of Toronto office moved into Victoria Hall. Once the bank was able to move again that office was taken over by the Honourable James Cockburn, Cobourg's Father of Confederation. Possibly it is the room now preserved as the Cockburn Room. Design & layout by Quench Design & Communications | Port Hope | www.quenchme.ca Bank of Toronto, Cobourg 1908 Newspaper stories and business listings show the arrival, departure and mergers of banks in Cobourg over the years. 1871 Bank of Toronto; Royal Canadian Bank (collapsed - 1880) 1895 Bank of Toronto; Dominion Bank 1907 Bank of Toronto; Dominion Bank Metropolitan Bank (acquired by Bank of Nova Scotia - 1914) United Empire Bank (as Union Bank of Canada, merged with the Royal Bank of Canada - 1924) Standard Bank (sold to Bank of Montreal, Toronto-Dominion Bank & Scotiabank - 1990s) 1977 The banking situation has now stabilized with the following banks in operation: Toronto Dominion Bank; Bank of Montreal; Royal Bank of Canada; Canadian Imperial Bank of Commerce and Scotiabank - these banks are all still in operation in Cobourg today. In contrast to Cobourg, neighbouring Port Hope has shown some long term bank stability. The Royal Bank of Canada recently celebrated 125 years at the same location. In 1891 the Dominion Bank issued a $5 bill depicting Cobourg Harbour.