CWB opens full-service banking location in Richmond B.C.

EDMONTON, Sept. 28, 2011 /CNW/ - Canadian Western Bank (CWB or the Bank) is pleased to announce the opening of its new full-service commercial and retail banking centre in Richmond, British Columbia. The new branch, located on the NW corner of No. 3 Road and Alderbridge Way, offers CWB's full complement of banking services for both business and personal clients. To acknowledge Richmond's strong cultural diversity, services are being offered in both English and Chinese languages.

"The opening of our Richmond branch is a meaningful step in further expanding our footprint in the B.C. Lower Mainland," said Greg Sprung, CWB's Senior Vice President and Regional General Manager. "Richmond has grown to become a thriving municipality and this new branch improves our capacity to serve both new and existing clients in the area. We look forward to significant growth opportunities in the Richmond market as we continue to execute our strategy to develop our branch infrastructure in high potential areas of Western Canada."

"We are excited to help clients in Richmond by offering banking services that are based on trusted, professional relationships and CWB's unique understanding of western-based businesses," added Michael Yeung, AVP and Branch Manager in Richmond. "Our entire staff is dedicated to providing an exceptional level of client service, which means we take the time to work with clients to find financial solutions that will help them meet their goals, whether it's for their business or personal financial needs."

About Canadian Western Bank Group

Canadian Western Bank offers highly personalized service through 40 branch locations and is the largest publicly traded Canadian bank headquartered in Western Canada. The Bank specializes in mid-market commercial lending and offers a full complement of personal banking services. The Bank, along with its operating affiliates, National Leasing Group Inc., Canadian Western Trust Company, Valiant Trust Company, Canadian Direct Insurance Incorporated, Adroit Investment Management Ltd. and Canadian Western Financial Ltd., collectively offer a diversified range of financial services across Canada and are together known as Canadian Western Bank Group. The common shares of Canadian Western Bank are listed on the Toronto Stock Exchange under the trading symbol "CWB". The Bank's Series 3 Preferred Shares trade on the Toronto Stock Exchange under the trading symbols "CWB.PR.A". Refer to for additional information.

SOURCE Canadian Western Bank

For further information:


Greg Sprung
SVP & Regional Manager - B.C. Region
Canadian Western Bank
Phone: (604) 443-5132
Kirby Hill
Director, Investor & Public Relations
Canadian Western Bank
Phone: (780) 441-3770


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Canadian Western Bank

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