Part of the MITEY Network · independent, not a bankFees retrieved November 1, 2026 · lists checked October 30, 2026
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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
Mitey the Yeti presenting the Canadian Western Bank index card
OBSI banking cases7opened in fiscal 2025

Mitey files the Canadian Western Bank index card: 7 OBSI banking cases.

What is Canadian Western Bank?

Canadian Western Bank no longer operates as a separate institution. Acquired by National Bank on February 3, 2025 and merged into it on March 1, 2025. This page records what happened, where its accounts went and the official sources, so you can check how your deposits are protected now. Use CDIC’s member list to confirm where deposits sit today.

What changed

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

Is my money safe at Canadian Western Bank?

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.

Is Canadian Western Bank on the official lists?

Computed from OSFI’s list (file dated October 1, 2026) and CDIC’s member list, checked October 30, 2026
Legal entityOSFI listCDIC member
Canadian Western Trust CompanyOSFI — trust companyYes
Valiant Trust CompanyOSFI — trust companyYes

What else should you know about Canadian Western Bank?

  1. National Bank completed its acquisition of Canadian Western Bank on February 3, 2025.
    Source: nbc.ca
  2. National Bank merged with Canadian Western Bank on March 1, 2025.
    Source: nbc.ca
  3. CWB shares were to be delisted from the TSX at the close of business on February 4, 2025.
    Source: nbc.ca
Mitey the Yeti, CanadianBanks.ca’s guide, pointing out a tip
Mitey’s note

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 Canadian Western Bank complaints 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.

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