In 1879, this Winnipeg-based firm was established by William Forbes Alloway and Henry Thomson Champion as the first private bank in the city. By 1912, it had become the largest private bank in Canada. Its assets were transferred to the Canadian Bank of Commerce in December 1923.
See also:
Memorable Manitobans: William Forbes Alloway (1852-1930)
Memorable Manitobans: Henry Thomson Champion (1847-1916)
Memorable Manitobans: Peter Lowe (1887-1980)
Historic Sites of Manitoba: Alloway and Champion Arch (Waterfront Drive, Winnipeg)
Historic Sites of Manitoba: Alloway and Champion Bank Building (667 Main Street, Winnipeg)
“Bank of Commerce takes over business of Alloway and Champion,” Winnipeg Tribune, 24 December 1923, page 1.
This page was prepared by Gordon Goldsborough.
Page revised: 21 May 2025
