Institution profile · Domestic bank (Schedule I)
Bridgewater Bank
ActiveBridgewater BankCDIC
Bridgewater Bank is an Alberta-based Schedule I bank owned by the Alberta Motor Association. It became a bank in 2006.
Profile facts checked October 30, 2026
At a glance
- Legal name
- Bridgewater Bank
- Type
- Domestic bank (Schedule I)
- Owner / parent
- Alberta Motor Association
- Head office
- Calgary, AB (per the bank; OSFI’s list shows an Edmonton address)
- Founded
- 1997 — Established in 1997; bank licence from January 1, 2006.
- Regulator
- Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection
- OBSI banking cases
- 0 opened in fiscal 2025 (Nov 1, 2024 – Oct 31, 2025)
- Website
- bridgewaterbank.ca
Deposit protection
CDIC member.
Bridgewater Bank doesn’t list personal chequing or savings accounts in FCAC’s Account Comparison Tool (retrieved November 1, 2026), so we can’t price its accounts here. Check its own fee disclosures.
On the official lists
| Legal entity | OSFI list | CDIC member |
|---|---|---|
| Bridgewater Bank | OSFI — Schedule I domestic bank | Yes |
Facts, with sources
- Established in 1997 as a wholly owned subsidiary of the Alberta Motor Association.Source: bridgewaterbank.ca
- Received its bank licence on January 1, 2006 and is regulated by OSFI.Source: bridgewaterbank.ca
Fees for this institution aren’t in FCAC’s tool. Ask for its fee schedule and put the numbers into the account-fee calculator.
Complaints that reached the ombudsman
OBSI, the ombudsman for banking, opened 0 banking cases about Bridgewater Bank in fiscal 2025 (Nov 1, 2024 – Oct 31, 2025), closed 1, and resolved 0 to the complainant’s satisfaction. Across all banks and credit unions, OBSI opened 5,438 banking cases that year (+113% on the year before) and 25% of closed cases ended with money paid.
Counts aren’t adjusted for size, so bigger banks have more cases. A complaint reaches OBSI only after the bank’s own process (up to 56 days). Source: OBSI Annual Report 2025, released March 13, 2026. How to complain.
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