Type Public
TSX: CWB Key people Chris Fowler, CEO Headquarters Edmonton, Canada Founded 1988, Edmonton, Canada | Industry Bank Products Financial services Number of employees 2,037 | |
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Revenue $579 million CAD (2015) Net income $319 million CAD (2015) Stock price CWB (TSE) CA$ 30.98 +0.12 (+0.39%)7 Mar, 4:00 PM GMT-5 - Disclaimer Subsidiaries National Leasing, Desante Financial Services INC Profiles | ||
The Canadian Western Bank (French: Banque canadienne de l'Ouest) is a bank that is based in Edmonton, and which operates primarily in western Canada. The bank serves personal and commercial clients in Western Canada.
Contents
Canadian western bank
History
The bank first became a Schedule I chartered bank on March 22, 1984 under its original name, the Bank of Alberta.
The bank amalgamated with the Western & Pacific Bank of Canada (chartered in 1982).
In 1993, it acquired Western Canadian branches of Metropolitan Trust. In 1994, Canadian Western Bank and North West Trust Company amalgamated as Canadian Western Bank. In 1996, it acquired BC Bancorp (chartered in 1967), and purchased the Aetna Trust Company, which was renamed Canadian Western Trust Company. In 2001, it acquired the Kelowna and Regina branches of the Laurentian Bank of Canada.
Timeline
Operations and corporate structure
Canadian Western Bank’s corporate headquarters are located at Canadian Western Bank Place, 10303 Jasper Avenue in Edmonton, Alberta, Canada.
Canadian Western Bank’s operating affiliates include:
Services
Services provided by CWB:
Membership
CWB is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of: