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Canadian Western Bank Place, Ste. 2300, 10303 Jasper Ave. Edmonton, Alberta T5J 3X6, Canada Tel. 780-423-8888 Fax 780-423-8897 |
Type: Public
On the web:
http://www.cwbank.com
Employees:
1,137
Employee growth: (18.9%)
With all of Canada's Big Six banks firmly entrenched in the eastern provinces (and increasingly moving south of the border into the US), Canadian Western Bank remains committed to the Great West. It offers banking products and services to businesses and individuals through more than 30 branch offices in western Canada; some 90% of its loans are made in British Columbia and Alberta. The bank's consumer services include residential mortgages, consumer loans, and deposit products. Its Canadian Direct Insurance unit offers home, auto, and travel coverage. Canadian Western Trust provides investment and trust services, while Valiant Trust performs corporate trust, stock transfer, and employee benefit plan services.
Key numbers for fiscal year ending October, 2009:
Sales: $298.5M
One year growth: 23.1%
Net income: $99.1M
Income growth: 17.5%
Officers:
Chairman: Jack C. Donald
President and CEO: Larry M. Pollock
EVP: William J. Addington
Competitors:
Scotiabank
RBC Financial Group
TD Bank
