Institution profile · No longer operating separately
Canadian Western Bank
MergedCanadian Western Bank
Canadian Western Bank was a Schedule I bank. National Bank acquired it in February 2025 and merged it into National Bank on March 1, 2025.
Profile facts checked October 30, 2026
Acquired by National Bank on February 3, 2025 and merged into it on March 1, 2025.
At a glance
- Legal name
- Canadian Western Bank
- Type
- No longer operating separately
- Owner / parent
- National Bank of Canada
- Regulator
- Now part of National Bank of Canada (OSFI-regulated)
- OBSI banking cases
- 7 opened in fiscal 2025 (Nov 1, 2024 – Oct 31, 2025)
- Website
- www.nbc.ca
Deposit protection
No longer a separate CDIC member: CDIC lists CWB Financial Group as a National Bank name. Canadian Western Trust Company and Valiant Trust Company remain separate CDIC members.
Names CDIC lists for these members: Canadian Western Trust, CWB Financial Group, CWB Trust Services, CWBTS, CWT, Valiant Trust.
On the official lists
| Legal entity | OSFI list | CDIC member |
|---|---|---|
| Canadian Western Trust Company | OSFI — trust company | Yes |
| Valiant Trust Company | OSFI — trust company | Yes |
Facts, with sources
- National Bank completed its acquisition of Canadian Western Bank on February 3, 2025.Source: nbc.ca
- National Bank merged with Canadian Western Bank on March 1, 2025.Source: nbc.ca
- CWB shares were to be delisted from the TSX at the close of business on February 4, 2025.Source: nbc.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 7 banking cases about Canadian Western Bank in fiscal 2025 (Nov 1, 2024 – Oct 31, 2025), closed 6, and resolved 3 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.
Educational information only, not financial, legal or tax advice. CanadianBanks.ca is independent and is not affiliated with, endorsed by or paid by any institution listed. Confirm details with the institution and the official sources linked on each page before you act. Read the full disclaimer.