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The ATB in ATB Financial stands for Alberta Treasury Branches.

ATB is a provincial crown corporation operating under the authority of the Alberta Treasury Branches Act of the Province of Alberta. ATB operates in a manner similar to that of a bank in that it accepts deposits, makes loans and provides related financial services to its retail, business, government and NGO customers.

ATB has total assets exceeding $26 billion CAD, about 670,000 customers, about 5,000 employees, and operates through 165 branches and 131 agencies throughout the Province. ATB also has 4 wealth management subsidiaries.

With total assets exceeding $26 billion, ATB would rank about 9th in terms of size in relation to chartered banks incorporated in Canada under the federal Bank Act. As a provincial corporation though, ATB is largely restricted to operating in the Province of Alberta under its enabling legislation.

For further detail, go to ATB's home page at http://www.atb.com.

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14y ago

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