at a glance

Pacific & Western Bank of Canada is a Schedule I "branchless" bank with a unique and innovative structure that provides clear and tangible benefits to its clients.

We are Innovative.

PWBank developed a strong broker network to efficiently raise deposits nationwide. The Bank's in house Information Technology team developed new technologies to improve the processes of old fashioned banking. Electronic transfers of funds and data move through PW's system seamlessly, allowing the Bank to instantly process deposits. PW is significantly more efficient than financial institutions using traditional retail branch networks.

We are Competitive.

With no expensive, retail branch offices to maintain, Pacific & Western has minimized overhead costs, allowing the Bank to pay more attractive rates to PWBank's depositors and allowing it to price loans and leases more competitively.

We are Focused.

PWBank specializes in providing financing to niche markets including well established corporations and governmental organizations. Pacific & Western builds strong client relationships; lending products are tailored to ideally suit the needs of its clients in selected markets.

We are Efficient.

Pacific & Western's branchless model enables it to save a tremendous amount of operating expenses allowing it to pass on these savings by way of more cost effective lending rates to its clients. This represents one of PWBank's powerful and competitive advantages.

We are Dynamic.

By continually improving PWBank's systems and using strategies to reduce administration, Pacific & Western operates more efficiently than its peers. PW's asset to employee ratio, a recognized measure of productivity, is approximately four times better than that averaged by other banks.

We are throughout Canada and we are Growing.

Pacific & Western is Canada's 9th largest widely-held Schedule I chartered bank. With its powerful efficiency advantages, high quality loan and investment portfolios, and ample capitalization, PWBank provides better, faster, and more cost-effective financial solutions for its clients. Geographically, the Bank has offices throughout Canada, with its Head Office is in London, Ontario, Deposit Operations are located in Saskatoon, Saskatchewan, and lending is Canada-wide with offices in Toronto, London, Saskatoon, Calgary and Vancouver.

We are Experienced.

PWBank began operating in 1980 as Pacific & Western Trust Corporation, it later evolved through strategic changes to become a Schedule I Chartered Bank, Pacific & Western Bank of Canada. The Bank is a subsidiary of Pacific & Western Credit Corp., a public company listed on the Toronto Stock Exchange (TSX: PWC).

PWBank's administration and lending staff have many years of banking experience, each having worked an average of fifteen or more years in the industry.

The Bank has financed commercial, corporate and governmental projects from the Atlantic to the Pacific. Additionally, PWBank has financed numerous infrastructure projects throughout Canada and has developed an expertise in this area. The Bank has also built a strong presence financing municipalities, universities, school boards and hospitals, as well as provincial and territorial governments, and agencies of the federal government.

Over and above the significant commercial and corporate financings to well established corporations PWBank has provided, it has also become synonymous with Public Sector Finance.

Pacific & Western is licensed to operate as a bank across Canada and is a member of the Canada Deposit Insurance Corporation (CDIC), and the Canada Mortgage and Housing Corporation (CMHC).

We are Ready.

Put Pacific & Western's knowledge and productivity to work for you.