 When Meredith was elected president in 1913, the bank had assets worth $244 million, which had tripled to $831 million when he resigned his presidency in 1927.Along with his cousins – the brothers William Henry Meredith (1849–1895) and Frederick Edmund Meredith – he was one of three Merediths to have attained high position within the bank.As president, Sir Vincent's office was at the bank's headquarters at 119 St. James Street in Montreal, Quebec.