When Meredith was elected president in 1913, the bank had assets worth $244 million, which had tripled to $831 million when he resigned his presidency in 1927. Along with his cousins – the brothers William Henry Meredith (1849–1895) and Frederick Edmund Meredith – he was one of three Merediths to have attained high position within the bank. As president, Sir Vincent's office was at the bank's headquarters at 119 St. James Street in Montreal, Quebec. When he retired as president of the bank in 1927, "The Banker", published in London, England, summed up the effect he had had on Canadian financial affairs during his time at the bank,