The Waterloo Savings and Trust Company was formed in 1913 to meet the growing financial needs of the community through its various departments, and it currently serves thousands of people of the county in its offices in Waterloo, Kitchener, Galt, and Preston. In 1950, Dewdney was hired by the company to paint murals that showed the history of Waterloo up until the 1940s. Correcting the gapped history in these murals was one of the primary inspirations behind this project. Shortly after, it was taken over by Canada Trust in 1968, which later merged with Toronto Dominion to become TD Canada Trust.