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Canadian Western Bank (CWB.TO)

Toronto - Toronto Delayed Price. Currency in CAD
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24.43-0.33 (-1.33%)
At close: 3:59PM EDT

Canadian Western Bank

Canadian Western Bank Place
Suite 3000
Edmonton, AB T5J 3X6

IndustryMoney Center Banks
Full Time Employees1,977

Key Executives

Mr. Christopher H. FowlerChief Exec. Officer, Pres and Non-Independent Director1.4MN/A57
Ms. Carolyn J. Graham FCPA, FCA, ICD.D.Chief Financial Officer and Exec. VP521.22kN/AN/A
Ms. Kelly S. BlackettExec. VP of HR and Corp. Communications486.45kN/AN/A
Mr. H. Bogac Ozdemir MBAChief Risk Officer and Exec. VP491.16kN/AN/A
Mr. Stephen MurphyExec. VP of Banking491.01kN/AN/A
Amounts are as of December 31, 2016 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.


Canadian Western Bank provides various personal and business banking products and services primarily in Western Canada. The company offers current, cash management, chequing, savings, youth, student, and US dollar accounts, as well as specialized accounts, including corporate and commercial, organization, strata solution/condo, general trust, and trust fund investment accounts. It also provides leading products, such as commercial lending and real estate, energy lending, and equipment financing products; mortgages; secured and unsecured lines of credit; registered retirement savings plan (RRSP), consolidation, car, and recreation vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products that cover various loans that include residential mortgages, home improvement loans, collateral mortgages, lease loans, commercial mortgages, car loans, debt consolidation, education loans, investment loans, business loans, home equity lines of credit, business leases, personal lines of credit, and business lines of credit; and ATM, telephone, mobile, and online banking services, as well as deposit register and cheque order services. Further, it provides investment products comprising guaranteed investment certificates, RRSPs, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Additionally, the company offers trustee and custody services to independent financial advisors, corporations, brokerage firms, and individuals; and wealth advisory services for high net-worth individuals. It operates through a network of 42 branches. The company was founded in 1982 and is headquartered in Edmonton, Canada.

Corporate Governance

Canadian Western Bank’s ISS Governance QualityScore as of May 1, 2017 is 1. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.