Bank of the People Montreal in 1840. Until 1835, every bank in Upper Canada required a legislated charter which established it as a legal person able to sue, and be sued at law. Only two Banks had been chartered: the Bank of Upper Canada and the Commercial Bank of the Midland District. Both banks were controlled by the "Family Compact" who used their control of the currency supply and credit to control trade and ultimately, the farmers. They had a "licensed monopoly" to print paper money, which reduced competition. In 1835, Dr Charles Duncombe, a Reform politician in the Legislative Assembly, was part of
DSB Bank had over the years acquired a large collection of paintings, mostly Dutch (Koch, Ket, Willink a.o.) in the magical-realistic genre, with the intention of creating a permanent exhibit in the museum. DSB bank ensured that it was known by creating a lot of television advertisements, unlike other banks in the Netherlands. These commercials were often chosen as ‘most annoying advertisement of the year’, but did provide them with the reputation of a cheap and safe bank. Their slogan was: DSB bank, good for you money. DSB bank sold mortgages jointly with term life insurance and made their customers pay these