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
Mitey files the Bridgewater Bank index card: 0 OBSI banking cases.
What is Bridgewater Bank?
Bridgewater Bank is domestic bank, owned by Alberta Motor Association, regulated by OSFI at the federal level. Eligible deposits are CDIC-insured to $100,000 per category. It doesn’t list personal accounts in FCAC’s Account Comparison Tool, so this page covers its official status, deposit protection, ownership and dated facts.
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
Is my money safe at Bridgewater Bank?
CDIC member.
Worked example — a household with four deposits at two CDIC members
| Deposit | Amount | Protected | Not protected |
|---|---|---|---|
| Member A: Own name | $130,000 | $100,000 | $30,000 |
| Member A: TFSA | $45,000 | $45,000 | $0 |
| Member A: Joint (You + partner) | $80,000 | $80,000 | $0 |
| Member B: Own name | $60,000 | $60,000 | $0 |
Total $315,000; protected $285,000; not protected $30,000. Try your own deposits in the deposit safety tool.
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.
Is Bridgewater Bank on the official lists?
| Legal entity | OSFI list | CDIC member |
|---|---|---|
| Bridgewater Bank | OSFI — Schedule I domestic bank | Yes |
What else should you know about Bridgewater Bank?
- 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.
How many Bridgewater Bank complaints 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.
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.