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5 CHURCH HILL AVE
North Rustico,
Prince Edward Island
C0A 1X0
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Prince Edward Island Tourism Region : Green Gables Shore
Description From Owner:
- 3 mi SE of North Rustico in Lot 24. P.O. Rustico 1852-1967; P.O. South Rustico 1967-1968.
- Meacham 1880 shows the school as Anglo Rustico, the P.O. as S. Rustico and the area as Commercial Cross and S. Rustico.
Address of this page:
http://pei.ruralroutes.com/SouthRustico
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The Farmers' Bank of Rustico
has been variously described as: "The first people's bank in Canada;" "the smallest bank ever chartered in Canada (in terms of capital)" and "the precursor to the Credit Union movement.
It was incorporated in 1863 and chartered by the English government in 1864. It was the brainchild of Father Georges-Antoine Belcourt and his parishioners as a way to help address the perennial debt local farmers owed to merchants.
Today the handsome building is an interesting museum and National Historic Site open June through Sept., as is the adjacent Doucet House Museum, a log house built around 1772.
With permission from 'Prince Edward Island Place Names' David E. Scott 2011
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