On October 19, 1940, a 500-pound bomb scored a direct hit and fell straight down the middle of the building and struck a wall on the second floor. Fortunately the bomb was rendered harmless since the fuse cap was knocked off when it hit the wall. The cap itself however, exploded an hour after the bomb landed blowing out the surrounding windows.
On January 11, 1941, a bomb exploded in the Bank station of the Underground making a 23-metre long crater. Though the explosion inflicted a heavy loss of life, none of the bank’s employees were fatally wounded. Finally, on May 10, 1941, incendiary bombs ignited the roof of the building but fortunately the fire guards quickly extinguished the flames.
On top of the strained working conditions, employees had to make a duplicate set of the branch records, with one set sent monthly to Toronto in case the ones in London were destroyed. Once a more secure office was set up outside London, three copies were made. Not only did employees keep track of their regular clients, they also handled the accounts of thousands of Canadian soldiers serving overseas.