Manitoba Historical Society
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Information Sought for Documentary on 1923 Collapse of Home Bank

29 August 2006

The national public affairs TV channel CPAC is seeking interview subjects for a documentary on the 1923 collapse of the Home Bank of Canada.

The Home Bank had branches across Manitoba including Winnipeg, Crystal City, Franklin, Goodlands, Grandview, Lyleton, Marquette, and Rosser. Known as a farmers’ bank, the bank was also popular with small depositors, trade unions, and Catholic parishes. Its shares were sold through the United Grain Growers.

The Home Bank crashed 83 years ago due to fraud by management. The collapse affected 60,000 depositors nationwide. The resulting scandal led to a 1924 Royal Commission and inspired numerous banking reforms such as deposit insurance. CPAC seeks to interview any descendants of Home Bank depositors or employees, or any Manitoban who has their own story of the bank that crashed on 17 August 1923.

If you have any information on the Home Bank, or know someone who does, please contact:

Holly Doan
Producer, Cable Public Affairs Channel (CPAC)
Telephone: 613-364-1114

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