EDMONTON, August 31, 2015 – Canadian Western Bank (CWB) and Big Brothers Big Sisters of Canada (BBBS) are teaming up again this year to offer The Greater Interest GIC®. This product, unique to CWB, gives clients the opportunity to earn a guaranteed return while setting in motion a corporate donation from the bank, based on the amount invested. To ensure local kids benefit, donations are directed to the BBBS agency operating in the city or region where the investment is made.
“If you’re looking for a low-risk investment and have interest in positively impacting your community, this might be the right product for you,” said Keith Hughes, CWB’s senior vice president of business and personal banking. “It’s a win-win for our clients and the communities they live in and we see great results every year. Our clients have the opportunity to add value within their investment portfolio, and local kids get a boost to mentorship programs aimed at supporting their learning and development.”
Starting tomorrow and until October 29, The Greater Interest GIC® is available in all CWB branches. Clients can choose from four competitive rates based on terms ranging from 13 to 49 months.
“The more than $1.6 million in support we’ve received from Canadian Western Bank over the past eight years has had a significant impact on our work with at-risk youth,” said Joel Porter, BBBS Canada’s national vice president of development. “CWB’s people really understand the value of our programs and have committed to helping us achieve success. They’re a great partner and we’re very much looking forward to this year’s campaign.”
About Canadian Western Bank
Canadian Western Bank offers a full range of business and personal banking services across the four western provinces and is the largest publicly traded Canadian bank headquartered in Western Canada. CWB, along with its operating affiliates and divisions, National Leasing, Optimum Mortgage, Canadian Direct Financial, Canadian Western Trust, Canadian Western Financial, Adroit Investment Management, and McLean & Partners Wealth Management, collectively offer a diversified range of financial services across Canada and are together known as the CWB Group. CWB’s common shares and Series 5 preferred shares are listed on the Toronto Stock Exchange under the trading symbols “CWB” and “CWB.PR.B”, respectively. Refer to www.cwb.com
for additional information.
About Big Brothers Big Sisters For further information contact:
For more than 100 years, Big Brothers Big Sisters has been making a positive difference in the lives of our nation’s youth by developing and implementing a wide range of mentoring programs. Serving as role models, mentors teach by example the importance of giving and giving back, of staying in school, and of having respect for family peers and community. Big Brothers Big Sisters of Canada provides quality mentoring services for more than 42,000 children and teenagers. Big Brothers Big Sisters currently has over 37,000 volunteer mentors working at 116 agencies that serve children in over 1,100 municipalities across the country. Learn how you can start something at www.bigbrothersbigsisters.ca.
Manager, Public Relations & Community Investment
Canadian Western Bank
Phone: (780) 441-2257
National Vice President of Development
Big Brothers Big Sisters of Canada
Phone: (905) 639-0461 x16