5 Dollars

The Niagara District Bank operated out of St. Catharines, Ontario, and was among the smaller chartered banks competing in the post-Confederation Canadian banking environment — a period when dozens of independent institutions still issued their own notes before the Bank Act revisions progressively consolidated that privilege. This particular series was produced by the British American Bank Note Company, which had been formed in 1866 through the merger of two competing engraving firms and quickly became the dominant supplier of chartered bank paper in Canada.

The Niagara District Bank failed in 1875, making its note-issuing period extremely brief and surviving examples genuinely uncommon.