Deseronto CIBC in October 2012 (from Google Streetview)
The CIBC branch in Deseronto will be closing its doors for good this summer, bringing to an end more than 120 years of banking history in the town.
The Bank of Montreal was the first firm to open a bank in Deseronto: Herbert Osborne took this photograph of its original Main Street branch in around 1895:
Bank of Montreal, c.1895
In 1904 the Bank of Montreal built a new structure at Centre and Main on the corner of the park lot.
DESCOM-06-23
Shortly after the Bank of Montreal opened its new building, the Standard Bank opened a branch in Deseronto, in September 1905. Seventeen years later, a new brick building, the current CIBC branch, was constructed on the south side of Main Street. Here is the bank under construction:
2009.26 CIBC-09-02
And here is the finished building in the 1920s:
2009.26 CIBC-09-15
In 1928 the Standard Bank was taken over by the Canadian Bank of Commerce. During the Great Depression it was common practice for banks to rationalize their branches and transfer customers to another firm. The Bank of Montreal closed down in 1932 and its customers were moved to the Canadian Bank of Commerce.
This is how the building looked in 1933:
2009.26 CIBC-09-17
The Bank of Montreal building was taken over by the Town of Deseronto and became the Town Hall in 1945, with Council holding its first meeting there on November 15th of that year. In 1961 the Canadian Bank of Commerce merged with the Imperial Bank of Canada to become the Canadian Imperial Bank of Commerce. The CIBC Deseronto branch celebrated its 100th anniversary in 2005.
Deseronto Archives 
