
Canadian Western Bank was formed through the 1988 merger of two banks: the Bank of Alberta , and the Western & Pacific Bank of Canada . It was led by Bank of Alberta co-founders Charles Alexander Allard and Eugene Pechet.
In 1993, it acquired Western Canadian branches of Metropolitan Trust. In 1994, Canadian Western Bank and North West Trust Company merged into Canadian Western Bank. In 1996, it acquired BC Bancorp , and purchased the Aetna Trust Company, which was renamed Canadian Western Trust Company. In 2001, it acquired the Kelowna and Regina branches of the Laurentian Bank of Canada.
Acquisition history