The Toronto-based Traders Bank was strongly rooted in rural Ontario. In 1891 its inspector, Aemilius Jarvis, developed an ingenious cast-metal savings bank modelled after the bank’s head office. The savings bank was left at farm homes where savers deposited coins in slots along its roofline. Individually numbered compartments inside could be designated for specific savings purposes. Once a month, bank officials visited the farm to unlock the roof and “deposit” the savings. In 1912 the bank was taken over by The Royal Bank of Canada. About 1500 of these nickel plated cast iron banks were produced but when the program was abandoned the banks were scrapped or destroyed. Eyelet to hold lock is broken. There are various finial and part of the roof line missing in a few areas on 2 sides. Has with the original metal/wood tray insert. 9″ x 9″ x 5. We sell a wide variety of used items. We try to describe them as best we can but we are not professionals, nor are we experts on most of the items we sell. When we sell a used item normal wear, scratches, & signs of use should be expected. Most items will need a quick cleaning. Please ask questions if you have them. All sales are final.
Large 1891 Jarvis Antique Cast Iron Traders Bank of Canada Old Building 820A
The Toronto-based Traders Bank was strongly rooted in rural Ontario. In 1891 its inspector, Aemilius Jarvis, developed an ingenious cast-metal savings bank modelled after the bank’s head office. The savings bank was left at farm homes where savers deposited coins in slots along its roofline. Individually numbered compartments inside could be designated for specific savings purposes. Once a month, bank officials visited the farm to unlock the roof and “deposit” the savings. In 1912 the bank was taken over by The Royal Bank of Canada. About 1500 of these nickel plated cast iron banks were produced but when the program was abandoned the banks were scrapped or destroyed. Eyelet to hold lock is broken. There are various finial and part of the roof line missing in a few areas on 2 sides. Has with the original metal/wood tray insert. 9″ x 9″ x 5. We sell a wide variety of used items. We try to describe them as best we can but we are not professionals, nor are we experts on most of the items we sell. When we sell a used item normal wear, scratches, & signs of use should be expected. Most items will need a quick cleaning. Please ask questions if you have them. All sales are final.