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Canadian Western Bank (CWB.TO)

42.59 Up 0.23(0.54%) 10:48AM EDT
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Canadian Western Bank
Canadian Western Bank Place
Suite 3000
Edmonton, AB T5J 3X6
Canada - Map

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:2,037

Business Summary 

Canadian Western Bank provides various banking and financial products and services primarily in Western Canada. It offers various personal banking products and services, including chequing accounts, savings accounts, guaranteed investment certificates, registered retirement savings plans, tax-free savings accounts, mortgages, and personal lending products; commercial lending products comprising general commercial, equipment financing, real estate financing, and energy lending products; and commercial equipment leasing services for small and mid-sized transactions in general commercial, agriculture, health care, and golf and turf verticals. The company also provides conventional, high-ratio, and alternative residential mortgages and home equity lines of credit through third party mortgage brokers; and online banking services. In addition, it offers personal trust services, such as self-directed registered investment accounts, non-registered investment accounts, and individual pension plans; corporate and group trust services that include registered pension plan custody, executive compensation plan services, and employee-based savings plan services; and stock transfer and registrar services, debenture trustee services, depository and escrow services, and employee plan services for private and public companies. Further, the company provides auto, home, tenant, condo, and travel insurance services to clients in British Columbia and Alberta; discretionary portfolio management services for high-net-worth investors and institutions; and advice and access services to third party mutual fund products. As of April 28, 2014, it operated through 41 branch locations. Canadian Western Bank was founded in 1982 and is headquartered in Edmonton, Canada.

Key Statistics

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Key Executives 
Mr. Christopher H. Fowler , 54
Chief Exec. Officer, Pres, Non-Independent Director and Member of Loans Committee
Ms. Tracey Colleen Ball FCA, ICD.D,
Chief Financial Officer and Exec. VP
Mr. Brian J. Young ,
Exec. VP, Chief Exec. Officer of Canadian Direct Insurance Incorporated and Pres of Canadian Direct Insurance Incorporated
Mr. Randell W. Garvey CFA, FCMA,
Exec. VP
Mr. Gregory J. Sprung ,
Exec. VP of Banking
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.