CWB Financial Group

Who we are

Happy CWB employees

At CWB Financial Group, we believe in the power of people. After all, it’s our people that have helped our organization build its reputation—one that’s based on exceptional client service, strong industry knowledge, uncompromising ethical standards and a common-sense approach to business.

We’re proud of our success since first opening our doors in 1984, and we look forward to continued growth that will benefit our clients, employees, shareholders, communities and Western Canada’s economy.

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
  • 2016: CWB acquires Maxium Financial Services and Desante Financial Services and rebrands to CWB Maxium Financial
  • 2016: CWB acquires the loan portfolio and related business assets of GE Capital’s Canadian franchise financing business and rebrands to CWB Franchise Finance.

CWB Financial Group is a diversified financial services organization providing specialized service in banking, trust and wealth management. Since 1984, we’ve grown from a single branch operating in Edmonton, Alberta, to a western-based, federally regulated financial institution with a national presence.

 

BANKING

Canadian Western Bank offers specialty business banking services for small- and medium-sized companies with a focus on general commercial banking, equipment financing and leasing, commercial real estate financing, real estate construction financing and energy lending. Full-service personal banking options, including chequing and savings accounts, loans, mortgages and investment products, are also available.

CWB Equipment Financing provides industrial equipment financing and leasing solutions for companies with requirements between $100,000 and $50 million.

CWB Franchise Finance specializes in supporting the business and growth of franchisees and franchisors within the hospitality and restaurant industries.

National Leasing is a leader in commercial equipment leasing for a variety of industries across Canada and offers lease financing solutions for deals that range from $5,000 to $2 million.

CWB Maxium Financial provides structured loans and customized leasing solutions up to $10 million in niche industries across Canada.

Optimum Mortgage provides conventional and high-ratio insured mortgages with a niche in alternative mortgage lending.

Motive Financial is our online division that offers personal clients daily banking and investment accounts with competitive rates and minimal service charges.


TRUST

Canadian Western Trust is a trusted name for a growing base of clients in the business of retirement, trustee and custodial solutions for financial advisors, corporations and individuals.


WEALTH MANAGEMENT

CWB Wealth Management provides discretionary portfolio management and investment advisory services, as well as a range of wealth management and financial planning products and services. Its affiliates include Adroit Investment Management, McLean & Partners Wealth Management and Canadian Western Financial. 

Adroit Investment Management provides discretionary wealth management for individuals, corporations and institutions with core investments in Canadian equities, non-Canadian equities and fixed income products.

McLean & Partners Wealth Management manages personal investment portfolios for high-net-worth individuals based on six distinct strategies that offer a balanced trade-off between risk and reward.

Canadian Western Financial provides objective advice and personalized recommendations to help clients achieve their investment goals. CWF is a registered mutual funds dealer, offering the CWB Onyx Portfolio Series™, CWB Core Mutual Funds™ and a selection of other leading mutual fund solutions through Canadian Western Bank’s branch network.

 

CWB Financial Group strives to be an exceptional service provider, community member and employer of choice. We’re proud to have received the following awards and honours in recognition of our efforts: 

CWB Financial Group

Best_employes_logo      Most_admired_logo  
50 Best Employers in Canada (2005-2013)

Awarded by Aon Hewitt and Maclean’s Magazine

Canada’s Top 10 Most Admired Corporate CulturesTM (2010, 2013)
Awarded by Waterstone Human Capital

 

Canadian Western Bank

      Albertas_best_logo 

Alberta’s Top Employers for 2015 (2015)
Awarded by Canada’s Top 100 Employers

Alberta’s Best Overall Workplace (750+ employees) (2013)
Awarded by Alberta Venture Magazine

City of Kamloops Community Service Award (2013)
Awarded by the Kamloops Chamber of Commerce

 

National Leasing

Most_admired_regional_logo     most_engaged_logo     Green_30_award

Best_small_med_employers     HRMAM_award_logo

Western regional winner of Canada’s 10 Most Admired Corporate CulturesTM (2012)
Awarded by Waterstone Human Capital

Achievers 50 Most Engaged Workplaces™ Award (2011)

The Green 30 (2011 to 2014)
Awarded by Aon Hewitt

50 Best Small & Medium Employers in Canada (2003-2011)

Organizational Engagement Award (2014)
Awarded by the Human Resources Management Association of Manitoba

 

CWB Maxium Financial

Award Logo Best Managed Companies 

Canada's Best Managed Companies (2013-2014)