 When he retired as president of the bank in 1927, "The Banker", published in London, England, summed up the effect he had had on Canadian financial affairs during his time at the bank,

Among many other positions, Vincent Meredith was a member of the Montreal Board of Trade, a member of the Board of Directors of Canadian Pacific Railway; the Royal Exchange Assurance Co., of London, England; the Royal Trust Assurance Co., of Montreal (also serving as that company's president for a time); the Standard Life Assurance Company of Edinburgh and Dominion Textile.He served as Governor of McGill University, president of the Montreal Museum of Fine Arts, and president of the Royal Victoria Hospital.He was created a hereditary Baronet of the United Kingdom by King George V for his wartime services to Canada and the British Empire in 1916.