Rustico, Prince Edward Island — The Atlantic Provinces (North America)
Farmers' Bank of Rustico
⎯⎯⎯
La Banque De Rustico
1864-1894
Photographed by Jay Noble
1. Farmers' Bank of Rustico La Banque De Rustico Marker
Under the leadership of Rev, G.-A. Belcourt, pioneer missionary in the West, his parishioners erected this a former building to house one of the first people's banks in Canada. Chartered in 1864, and directed by farmers and fishermen, it continued to operate until 1894 and foreshadowed the development of the credit union movement. The bank, by providing cheap credit, enabled the people of this predominantly Acadian community to gain economic independence.
Construit par les paroissiens du curé G.-A. Belcourt, qui avait antérieurement été missionnaire et pionnier dans l'Ouest, çe bâtiment a logé l'une des premières banques des classes populaires au Canada. Constituée en 1864 et dirigée par des cultivateurs et des pêcheurs, cette banque a fonctionné jusqu'en 1894. Il est probable qu'elle est à l'origine du mouvement des caisses populaires. En prêtant à taux réduit, elle a permis aux citoyens de Rustico, qui étaient en majorité Acadiens, d'acquérir une certaine indépendance économique. Historic Sites and Monuments Board of Canada. Commission des lieux et monuments
this page online
Erected by Government of Canada - Gouvernement du Canada.
Topics and series. This historical marker is listed in this topic list: Industry & Commerce. In addition, it is included in the Canada, Historic Sites and Monuments Board series list. A significant historical year for this entry is 1864.
Location. 46° 25.398′ N, 63° 17.009′ W. Marker is in Rustico, Prince Edward Island. It is on Church Road, on the right when traveling north. Touch for map. Marker is at or near this postal address: 2188 Church Road, Rustico PE C0A 1N0, Canada. Touch for directions.
Regionally, this marker is in the Maritimes and in Atlantic Canada. Globally, it is in the North Atlantic Region, North America, the Western Hemisphere, the Western World, and the Anglosphere. Historically, it finds itself in what was once a British colony and also the Viceroyalty of New France.
Other nearby markers. At least 8 other markers are within 11 kilometers of this marker, measured as the crow flies: Les Familles Fondatrices de Rustico / The Founding Families of Rustico (within shouting distance of this marker); The Village of North Rustico
Photographed by Jay Noble, October 3, 2026
2. Farmers' Bank of Rustico La Banque De Rustico Marker
Credits. This page was last revised on October 4, 2026. It was originally submitted on October 3, 2026, by Jay Noble of Charlottetown, Prince Edward Island. This page has been viewed 5 times since then. Photos: 1, 2. submitted on October 3, 2026, by Jay Noble of Charlottetown, Prince Edward Island. • Andrew Ruppenstein was the editor who published this page.
