First Calgary Savings Announces a New Comprehensive Wealth Management Partnership with Qtrade



    CALGARY, Aug. 18 /CNW/ - First Calgary Savings announced that it has
selected the Qtrade Financial Group as its new partner for comprehensive
wealth management services, including securities dealer, mutual fund dealer,
and investment services. Both Envision Financial and Valley First have opted
to go with Qtrade as well, marking a significant milestone in the partnership
between the three credit unions.
    "After many years of working with the Qtrade team, we are very pleased to
move forward with this expanded wealth management partnership," says First
Calgary Savings' President and CEO Dave Gregory. "All three credit unions in
the Pathways partnership-First Calgary Savings, Envision Financial and Valley
First-have a tremendous opportunity to significantly grow their respective
wealth management businesses. We're delighted that Qtrade will be our
long-term partner moving forward."
    Scott Gibner, CEO of the Qtrade Financial Group, says, "We are pleased
that First Calgary Savings has selected Qtrade to be its comprehensive wealth
management partner. We have enjoyed a long-term partnership with First Calgary
Savings and we are proud that they have chosen Qtrade to help them grow their
wealth management business."
    Gregory says that First Calgary Savings will communicate directly with
its member-owners about the change to Qtrade, and looks forward to continuing
to provide customized wealth management solutions to help each member-owner
reach his or her financial goals. He also encouraged member-owners who have
questions to contact their local First Calgary Savings representative.

    About First Calgary Savings

    Recognized as one of Alberta's 35 Top Employers, First Calgary Savings is
the province's third-largest credit union with approximately $1.9 billion in
assets under administration. In addition to its 16 retail banking branches,
First Calgary Savings offers 12 one 2 one Financial Consulting(TM) centres, a
Commercial Banking group, a Business Solutions Centre, a Dealer Services team,
a locally-based contact centre and Just Financial. Since 1999, First Calgary
Savings has been selected as one of Canada's 50 Best Managed Companies. First
Calgary Savings' over 400 employees are proud to lead, learn and live in the
communities they serve. For more information, visit www.1stcalgary.com.

    About the Qtrade Financial Group

    Founded in 1999, the Qtrade Financial Group provides comprehensive wealth
management services and solutions to 180 financial institutions and their
customers across Canada. Qtrade is dedicated to providing its financial
institution partners with a single source for marketing-leading wealth
management products and services, including: online, full-service and
institutional brokerage services, full-service mutual fund dealer services,
insurance dealer services, portfolio management and discretionary money
management services and proprietary managed money solutions. Today, Qtrade
administers over $3.4 billion of investment assets. For more information visit
www.qtrade.ca.





For further information:

For further information: First Calgary Savings and Credit Union, Alison
Archambault, Director, Corporate Relations, Ph: (403) 520-6837,
aarchambault@1stcalgary.com; or Qtrade Financial Group, Pamela Patton,
Director, Marketing & Partner Relations, (604) 678-6962, ppatton@qtrade.ca


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