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Canadian Western Bank

 
 
 
 
 
 
 
 
 
 
 

Canadian Western Bank

4991 No.3 Road
Richmond, BC V6X 2C3 | map | directions
Dean Chan Dean Chan
(604) 238-2818 | (604) - | fax: 1 (855)-341-7301
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Inspired by dealings with financial institutions that didn’t fully understand the unique dynamics of doing business in Western Canada, CWB’s founders, Dr. Charles Allard and Eugene Pechet, decided to start a bank headquartered in the West for the West. They envisioned a bank that would provide levels of service unheard of at other financial institutions. Management practices would be nimble and non-bureaucratic, with local decision-making based on prudence and common sense. The overall goal was to achieve continuous, sustainable growth. Since then, we’ve come a long way as an organization, but share those same fundamental ideals. We’ve broadened our financial service offerings—now providing service in banking, trust services and wealth management—and have expanded our reach into select locations across Canada.

Highlights of our growth story include:

  • 1984: Bank of Alberta is chartered as a Schedule I bank
  • 1988: Canadian Western Bank is born through the amalgamation of Bank of Alberta and Western & Pacific Bank of Canada
  • 1990: Larry Pollock becomes President & CEO
  • 1994: CWB completes amalgamation with North West Trust
  • 1996: CWB acquires Aetna Trust and rebrands as Canadian Western Trust
  • 1999: CWB becomes a mutual funds dealer under the umbrella of Canadian Western Financial
  • 2004: CWB acquires Canadian Direct Insurance and Valiant Trust (Vancouver, Calgary)
  • 2008: CWB launches an online division, Canadian Direct Financial
  • 2008: CWB acquires majority ownership of Adroit Investment Management (Edmonton)
  • 2010: CWB acquires National Leasing (Winnipeg)
  • 2013: Chris Fowler is appointed as President & CEO
  • 2013: CWB acquires majority ownership of McLean & Partners Wealth Management (Calgary)
  • 2013: CWB celebrates 100 consecutive profitable quarters
  • 2015: CWB divests Canadian Direct Insurance and assets of Valiant Trust
Member Since: 2011
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 (Date: 12/14/2018)
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