Canadian Western Bank
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Public : CWB |
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| Industry | Bank |
| Founded | Edmonton, Alberta, 1988 |
| Headquarters | Edmonton, Alberta, Canada |
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Key people
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Chris Fowler, CEO |
| Products | Financial services |
| Revenue |  $579 million CAD (2015) |
| $319 million CAD (2015) |
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| Total assets | $22.838 billion CAD (2015) |
| Total equity | $1.911 billion CAD (2015) |
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Number of employees
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2,037 (Full-time equivalent, 2013) |
| Website | www.cwbankgroup.com |
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.
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.
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 provided by CWB:
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:
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