On July 28, 1972, you might’ve seen a full-page ad in the paper that read, “Tomorrow morning at 9 a.m. the Royal Bank will open and never close again.” That particular tomorrow was a Saturday, way back when most banks closed at 3:00 p.m. (maybe 5:00 on a Friday) and were most certainly locked up tight on Saturdays, Sundays, and holidays. Twenty-four-hour push-button banking had come to Toronto, and that summer at the CNE, if you didn’t mind waiting in line, you might even have tried it for free at the Better Living Centre, maybe even won a five-dollar coupon!
Now, this was supposed to be the story of an 11-year-old boy—brand-new to the big city—who one Sunday afternoon that September, just happened across the Bankette they’d installed at the east end of the Colonnade on the south side of Bloor. I don’t know how long he stood there watching one person after another just doing their push-button banking, but I do remember he did not want to leave. It was like an episode of Star Trek, a glimpse of a future where you could get all the money you ever wanted with the push of a button.
But then, after all that time I’d spent checking the Might’s Directory to verify the exact location of that particular machine, digging through the Toronto Star archives to confirm the date, then searching for images of what those ATMs actually looked like back then, and of course rebuilding the Bankette logo from the small fuzzy photo someone had posted online, I began to feel badly for that weird scrawny kid, who wouldn’t realize just how weird he has been all his life, didn’t realize it until more than 50 years later when he came here to write it all down.
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