TD Canada Trust and its predecessors have been a mainstay on Huntsville’s Main Street for almost 120 years. The Dominion Bank opened in 1899 – back then it was where The Hudson Hair Salon is now – and moved to the corner of Main and King Street in 1926 where it remains today. But soon it will be gone.
The bank recently began contacting the customers at its Main Street branch to tell them that the location will be closing at the end of the day on February 9, 2018. The branch will merge with the bank’s existing location on North Kinton Avenue, which will be closed on February 10 for the relocation.
Carly Libman with TD Bank Group’s Corporate and Public Affairs department said that the company regularly reviews its branches and considers “a number of factors before making decisions to merge branches, including declining transactions in this location.”
Libman wouldn’t say how many employees the branch has or whether there would be job losses as a result of the move, only that TD is working with employees at the Main Street location to “identify alternative roles where possible at our other locations.” Some may move to the North Kinton location.
Existing banking arrangements like pre-authorized payments and direct deposits will be unaffected by the merger, she said.
TD owns the building, but Libman would not comment on what the company intends to do with it once the relocation is complete.
In Huntsville: With Spirit and Resolve, Susan Pryke writes: “In 1921, the Dominion Bank purchased the Bettes block. The bank had occupied the westerly portion of the building adjacent to the post office since 1900. In 1925 the company decided it needed more space and planned a new building at the corner of King and Main Streets. This was the site of the former White Brothers Hardware Store, which had been taken over by Hern Hardware. Hern Hardward moved into the old post office location. The old bank became the office of Dr. Edgar Evans, a family physician.”
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