Gourt Home::Gourt :: List of banks in Canada
Government
- Bank of Canada (Central Bank)
- Business Development Bank of Canada
“Big six” banks
- Royal Bank of Canada
- TD Canada Trust (Toronto-Dominion Bank group)
- Scotiabank
- Canadian Imperial Bank of Commerce
- Bank of Montreal
- National Bank of Canada
Many of these banks have diversified into financial services that used to be distinct, with subsidiaries besides the regular commercial banking (deposits, lending, and the faciliation of payments): corporate finance, credit cards, securities brokerages, and others. However, they wish to market themselves as "one-stop" financial-service services; this one reason why some of them now brand themselves with broader names, such as TD Bank Financial Group, BMO Financial Group, and RBC Financial Group.
Minor banks
- Alberta Treasury Branches
- Bridgewater Bank, a wholly-owned subsidiary of the Alberta Motor Association www.BridgewaterBank.ca
- Canadian Western Bank
- Canadian Tire Financial Services
- Citizens Bank of Canada
- First Nations Bank of Canada
- General Bank of Canada
- Home Trust Company
- ING Bank of Canada
- HSBC Canada
- Laurentian Bank of Canada
- Manulife Bank of Canada
- Pacific & Western Bank of Canada
- President's Choice Financial
- Western Bank of Canada
Foreign banks with operations in Canada
- AMEX Bank of Canada (The U.S. parent is American Express "AMEX".)
- Bank of America National Association
- Bank of China (Canada) (The Chinese parent is Bank of China of the People's Republic of China.)
- Bank of East Asia (Canada)
- Citibank Canada (The US parent is Citibank.)
- CTC Bank of Canada
- ICICI Bank Canada
- ING Bank of Canada
- MBNA Canada The U.S. parent is MBNA.
- HSBC Bank Canada
- National Bank of Greece
- Sears Canada Bank
- State Bank of India
Schedule I banks
Schedule I banks are banks allowed according to the Canada Bank Act to accept deposits that are not a subsidiary of a foreign bank.- BMO Bank of Montreal
- CIBC
- Canadian Tire Bank
- Canadian Western Bank
- Citizens Bank of Canada
- CS Alterna Bank
- First Nations Bank of Canada
- Laurentian Bank of Canada
- Manulife Bank of Canada
- National Bank of Canada
- Pacific & Western Bank of Canada
- President's Choice Bank
- RBC Royal Bank
- Scotiabank
- Ubiquity Bank of Canada
- TD Bank Financial Group
- Bank West
- Dundee Wealth Bank
Defunct or merged banks
- Amicus Bank. In voluntary liquidation. Assets acquired by CIBC.
- Bank of British Columbia. Assets acquired by HSBC Canada.
- Bank of the People
- Bank of Toronto merged with The Dominion Bank in 1955 to form the Toronto-Dominion Bank, now known as TD Bank Financial Group.
- Banque canadienne nationale. Merged with Provincial Bank of Canada/Banque provinciale du Canada to become National Bank of Canada
- Provincial Bank of Canada/Banque provinciale du Canada. Merged with Banque canadienne nationale to become National Bank of Canada
- Canadian Bank of Commerce merged with Imperial Bank of Canada to form the Canadian Imperial Bank of Commerce also known as “CIBC”.
- Canadian Commercial Bank
- Montreal City and District Savings Bank or La Banque d’Epargne converted from a savings bank to a regular bank and changed its name to Laurentian Bank of Canada
- Continental Bank of Canada became Lloyds Bank of Canada
- The Dominion Bank merged with Bank of Toronto in 1955 to form the Toronto-Dominion Bank, now known as TD Bank Financial Group.
- Farmer's Bank of York, Upper Canada
- Home Bank
- Imperial Bank of Canada merged with Canadian Bank of Commerce to form the Canadian Imperial Bank of Commerce, also known by the initialism CIBC
- Lloyds Bank of Canada became HSBC Canada
- Molson Bank of Montreal was merged into the Bank of Montreal in 1925.
- Northland Bank
- Standard Chartered Bank of Canada
- Sterling Bank
- Unity Bank of Canada. Acquired by Provincial Bank of Canada/Banque provinciale du Canada.
Credit agencies
External link
"List of banks in Canada"