CWB Canadian Western Bank

Who is CWB

We're a better way to bank in the West

Branch Interior

Like the Big 5, we’re a Schedule 1 Bank that offers you full service personal and business banking. 

But unlike the others, we’re based in Edmonton, Alberta and are exclusively focused on serving Western Canadians.


Western perspective

Like our clients, we believe long-term financial success is rooted in hard work. Our common sense approach and commitment to building strong banking relationships help us offer solutions suited to each client’s unique needs.

Western hospitality

We were built on values of honesty, openness and respect. Our people genuinely care about helping their clients achieve financial success and go above and beyond for them every day. Our clients know they’re our priority, which is why many of them have been with us for nearly 30 years.

Western expertise

We know the business environment in the West, understand local markets and make timely decisions. We specialize in the industries that drive business in the West:

  • Commercial 
  • Equipment financing
  • Real estate construction financing
  • Energy lending


Stop by any one of our 42 branches across the four western provinces and you will see how we strive to be efficient, down-to-earth and responsive in everything we do.

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.



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.


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.


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.


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