Toronto, Canada. A few days before Christmas, Miles Cullen, a bored teller working at a bank branch located in a shopping mall, accidentally learns that the place is about to be robbed when he finds a disconcerting note on one of the counters.
During the last years of World War II, Hermie, Oscy, and Benjie are coming of age. They went their separate ways when they graduated from high school in 1944. Benjie joins the Marines as Hermie and Oscy enter college. There, Hermie falls head over heels for another freshman named Julie, and the two old friends deal with a troublesome fraternity president who is in charge of hazings.