Union Bank Building

The historic value of the Union Bank Building lies in its association with the Union Bank of Prince Edward Island, one of Prince Edward Island’s first banks, its Italianate architecture and its importance to the Great George and Richmond Street streetscapes.

The Island’s second British Governor, Lieutenant Governor Edmund Fanning (1737-1815), originally owned the land on which the Union Bank was built. Local businessman, Member of the Executive Council and Colonial Secretary of Prince Edward Island, Henry Haszard (1813-1872) purchased the land in 1855 and leased the small, wood framed flour and meal market building that was on the site to the City of Charlottetown. This operation ceased and eventually, in 1872, construction began on the Union Bank Building.

Established in 1863, the Union Bank of Prince Edward Island was one of the earliest banks to operate in Prince Edward Island. At the height of its success, the bank directors decided to build a structure more in keeping with its prominence in the community. To further underline the importance of the bank, they chose the site close to the seat of government, Province House, and asked prominent local architect, Thomas Alley to design the impressive structure.

The bank was built in the Italianate style so popular with architects in the late 19th century. The Italianate style was as fashionable in Charlottetown as it was throughout North America, with many public and commercial buildings showing its influence. The brick and stone buildings were modeled on the arcaded facades of the Italian Renaissance style found in Northern Italy. The Union Bank Building represents a well preserved example of this style in the City.

Unfortunately, the bank ran into financial difficulty, resulting from involvement in the building of the Prince Edward Island Railway. Consequently, the Union Bank of Prince Edward Island amalgamated with the Bank of Nova Scotia in 1883. The building was operated as the Bank of Nova Scotia until 1921.

The building not only housed the bank but also had office space. Interestingly, Robert Angus established the first telephone exchange in the province from the law offices of Palmer and MacLeod in 1884. A 1932 newspaper article indicated that the former Bank of Nova Scotia Building, which was now called the Rogers building, was sold at auction to the Royal Bank of Canada for $10 600. The Rogers that was being referred to was W.K. Rogers, an insurance agent whose office was in the building.

The Provincial Government bought the building in 1939 and has used it for various government departments. The building was renamed the J. Angus MacLean Building in 2002 after the former Premier and houses government offices to this day. The beautiful Italianate influenced building has been extraordinarily well preserved and reflects an era of prosperity and self-confidence in Charlottetown. Located on the corner of one of the most important streets in Charlottetown, Great George Street, the building is vital to the streetscape.

Sources: Heritage Office, City of Charlottetown Planning Department, PO Box 98, Charlottetown, PE C1A 7K2

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