Farmers' Bank of Rustico

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Farmers' Bank of Rustico, Bank building in Lot 24, Canada

The Farmers' Bank of Rustico occupies a solid stone structure with period-specific architectural elements from the 1860s near Rustico Bay.

Father Georges-Antoine Belcourt established this financial institution in 1864, creating the first community-based bank in North America with a royal charter.

The institution served the local Acadian community by providing accessible financial services and issuing its own currency between 1864 and 1894.

Visitors can explore both the bank building and the adjacent 1772 Doucet House, which contains exhibits about early banking and Acadian settlement.

The bank's innovative lending practices and community-focused approach influenced Alphonse Desjardins in creating the North American credit union movement.

Location: Lot 24

Inception: 1864

Founders: Georges-Antoine Belcourt

GPS coordinates: 46.42329,-63.28335

Latest update: March 27, 2025 08:13

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« Farmers' Bank of Rustico: Bank building in Lot 24, Canada » is provided by Around Us (aroundus.com). Images and texts are derived from Wikimedia project under a Creative Commons license. You are allowed to copy, distribute, and modify copies of this page, under the conditions set by the license, as long as this note is clearly visible.

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