In 1931, a permanent memorial in the Canadian Bank of Commerce's new Head Office was dedicated to Canadian Bank of Commerce employees who died in the First World War. This memorial was carved in situ inside the banking hall and made from Hauteville and Belgian marble. Designed by Emmanuel Hahn, it features two angels with sheathed swords kneeling on either side of the altar of sacrifice. John Donnelly of New York carved this panel and the rest was carved by William Dawson of Montreal. The quote on the inscription is from a poem by Rupert Brooke.
The Canadian Bank of Commerce went to great lengths to commemorate its staff that served in the Great War including memorials commissioned for their branches and a two-volume book of staff profiles and accounts of their war experiences.