Manulife Bank of Canada
Encyclopedia
The Manulife Bank of Canada (Manulife Bank) is a Schedule I federally-chartered bank and a wholly owned subsidiary of the Manufacturer’s Life Insurance Company of Canada
(Manulife Financial). It was established on January 1, 1993, when Cabot Trust Company, Huronia Trust Company and the Regional Trust Company were merged by Manulife Financial. Its branch network was sold to the Laurentian Bank of Canada
later in 1993 and it became Canada's first bank to sell its products through independent financial advisors. Its products are designed to be integrated into a client's overall financial plan and is supported by a virtual bank
experience. Manulife Bank provides its customers access to their bank accounts 24 hours a day, seven days a week through the Internet, telephone services and The Exchange Network of automated bank machines across Canada.
Manulife Financial
Manulife Financial Corporation , is a Canadian insurance company and financial services provider. Manulife Financial's global head office is located in Toronto, Canada and the Company has operations in 21 countries and territories worldwide.The Company operates in Canada and Asia through the brand...
(Manulife Financial). It was established on January 1, 1993, when Cabot Trust Company, Huronia Trust Company and the Regional Trust Company were merged by Manulife Financial. Its branch network was sold to the Laurentian Bank of Canada
Laurentian Bank of Canada
The Laurentian Bank of Canada is a Schedule I bank in the province of Quebec. . LBC's Institution Number is 039.-History:...
later in 1993 and it became Canada's first bank to sell its products through independent financial advisors. Its products are designed to be integrated into a client's overall financial plan and is supported by a virtual bank
Virtual bank
A direct bank is a bank without any branch network. It offers its financial services by:* Telephone banking* Online banking* Automated teller machines * Mail banking* Mobile banking...
experience. Manulife Bank provides its customers access to their bank accounts 24 hours a day, seven days a week through the Internet, telephone services and The Exchange Network of automated bank machines across Canada.
Services
Manulife Bank provides a variety of financial products to the public through independent financial advisors, including:- Manulife One (Canada's first mortgage that is combined with a bank account)
- Investment loans
- High-interest bank accounts
- GICs
- Mastercard Credit card
See also
- List of Canadian banks
- Manulife FinancialManulife FinancialManulife Financial Corporation , is a Canadian insurance company and financial services provider. Manulife Financial's global head office is located in Toronto, Canada and the Company has operations in 21 countries and territories worldwide.The Company operates in Canada and Asia through the brand...
- parent company - Other virtual banks
- ING Direct Canada
- President's Choice FinancialPresident's Choice FinancialPresident’s Choice Financial is a banking service provided by Loblaw Companies . Several different organizations provide individual financial services under the President's Choice Financial umbrella:...
- Citizens Bank of CanadaCitizens Bank of CanadaCitizens Bank of Canada is a British Columbia, Canada-based virtual bank owned by Vancouver City Credit Union . From 1997 until 2009 Citizens Bank offered personal and business banking services over the internet...
- Canadian Tire Financial ServicesCanadian Tire Financial ServicesCanadian Tire Financial Services is the financial services arm of Canadian Tire.-History:*CTFS began in 1961 as Midland Shoppers Credit Limited, a small company offering third-party credit processing for local retailers...