Changes in federal banking legislation allow the Savings Bank to enter the commercial loan market and grant loans to companies of up to $100,000.

The Bank lists its shares on the Toronto Stock Exchange.

The Bank installs its first Oscar automated banking machine, allowing for a greater range of transactions. The consolidated assets of the organization and its subsidiaries reach close to $5 billion.

The Montreal City and District Savings Bank changes its name to become Laurentian Bank of Canada, of which Laurentian Group Corporation becomes the majority shareholder.

Laurentian Bank moves its Head Office to 1981 McGill College Avenue. After merging with Eaton Trust, the Bank establishes its presence in Toronto, Edmonton, Calgary and Vancouver. Its network encompasses 128 branches (mostly in Québec) and more than 2,000 employees.