Manulife Bank of Canada
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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 dedicated to providing banking solutions 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.
[edit] 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
- Credit card
[edit] See also
- List of Canadian banks
- Manulife Financial - parent company
- Other virtual banks
