Northland Bank
Alberta-based Canadian bank, closed in 1985
| Industry | Bank |
|---|---|
| Founded | 1974 (1974) |
| Defunct | 1985 (1985) |
| Fate | Bank failure |
| Headquarters | Calgary, Alberta , Canada |
Area served | Western Canada |
The Northland Bank was an Alberta-based Canadian bank that failed in 1985. It was incorporated in 1974. It failed and was closed by the Canadian government shortly after the failure, also in 1985, of the Canadian Commercial Bank. The failures of both banks were the subject of a Commission of Inquiry headed by Supreme Court of Canada Justice Willard Estey, who issued his report in 1986.[1]
References
- ^ Estey, Willard (August 1986). Report of the Inquiry into the Collapse of the CCB and Northland Bank (Report). Canada: Privy Council Office. ISBN 0-660-12171-9. Retrieved December 18, 2015.
Further reading
- Dingle, James F. (2003). "The Bank Failures of September 1985" (PDF). Planning an Evolution: The Story of the Canadian Payments Association, 1980–2002. Bank of Canada, Canadian Payments Association. ISBN 0-662-67377-8.
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