Canadian Western Bank T.CWB

Alternate Symbol(s): CBWBF | CWESF | T.CWB.PR.B | T.CWB.PR.D

Financial Services

Canadian Western Bank is a diversified financial services company. It provides full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. It offers specialty business banking services for small-and medium-sized companies with a focus on general commercial, equipment financing, construction financing, commercial real estate financing, real estate construction and project financing and equipment financing and leasing. It also provides full-service personal banking options, including chequing and savings accounts, loans, mortgages and investment products. Its banking services include online banking, ATM banking, creditor insurance, resources for seniors and order cheques online. Its CWB Business Advantage Account and CWB Business Unlimited Account offer solutions for day-to-day banking and 24/7 online access. It has its operations in British Columbia, Alberta, Ontario, Saskatchewan, Quebec, Manitoba and others.

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Canadian Western Bank > Run on CWB to bigger banks?

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Comment by zforzebraon Mar 14, 2023 8:30pm

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Post# 35338728

RE:RE:Run on CWB to bigger banks?

I think they are a conservative lender, so the loans should be good.

I'm not sure what a conservative in deposits means because it's not in their control. Presummably, the depositor can just withdraw and go somewhere else. If they don't have enough to deal with that, it will be a problem.

Deposits going from small bank to big bank is a trend now because people are scared. I do wonder if the BoC will rescue CWB if that happens.

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