CWB opens second full-service banking location in Winnipeg

EDMONTON, Nov. 8, 2012 /CNW/ - Canadian Western Bank (CWB or the Bank) is pleased to announce the opening of its second full-service commercial and retail banking centre in Winnipeg, Manitoba. The new branch, named CWB Kenaston, is located at 125 Nature Park Way and offers CWB's complete range of banking services for both business and personal clients.

"Manitoba has a thriving, diverse economy and we are committed to supporting the province's ongoing economic growth by helping our clients meet their business and personal financial goals," says Chris Fowler, President and COO of CWB, who is in Winnipeg today to celebrate the opening. "We're excited about the opportunity to serve new clients, while also increasing convenience for our existing customers. With the combination of this branch, our original location on Portage Avenue and our affiliate company, National Leasing, we have a great base of business here. We currently employ more than 300 people in the province and we would like to further enhance our presence in this key western Canadian market."

"CWB has been successful in maintaining its grassroots, community focus while the organization has grown. We're pleased to be a part of the Kenaston Boulevard development, and look forward to supporting the surrounding community," added Chris Voogt, AVP and Branch Manager at CWB Kenaston. "Our banking services are based on trusted, professional relationships and CWB's unique understanding of western-based businesses. Whether it's for their business or personal needs, we work closely with our clients to deliver relevant financial solutions."

About Canadian Western Bank Group

Canadian Western Bank offers highly personalized service through 41 branch locations and is the largest publicly traded Canadian bank headquartered in Western Canada. The Bank specializes in mid-market commercial lending and offers a full complement of personal banking services. The Bank, along with its operating affiliates, National Leasing Group Inc., Canadian Western Trust Company, Valiant Trust Company, Canadian Direct Insurance Incorporated, Adroit Investment Management Ltd. and Canadian Western Financial Ltd., collectively offer a diversified range of financial services across Canada and are together known as Canadian Western Bank Group. The common shares of Canadian Western Bank are listed on the Toronto Stock Exchange under the trading symbol "CWB". The Bank's Series 3 Preferred Shares trade on the Toronto Stock Exchange under the trading symbols "CWB.PR.A". Refer to www.cwbankgroup.com for additional information.

SOURCE: Canadian Western Bank

Glen Eastwood
SVP & Regional Manager - Prairies Region
Canadian Western Bank
Phone: [phone]
E-mail: [email protected]

Kirby Hill
Director, Strategy and Communications
Canadian Western Bank
Phone: [phone]
E-mail: [email protected]