Citizens Bank of Canada
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| Type | Virtual Bank |
|---|---|
| Founded | Vancouver, British Columbia, 1997 |
| Headquarters | Vancouver, British Columbia |
| Key people | Jason Farris - CEO |
| Industry | Financial Institution |
| Products | Financial services |
| Employees | 380 |
| Website | http://www.citizensbank.ca/ |
- Several banks are commonly known as Citizens Bank.
Citizens Bank of Canada is a British Columbia, Canada based virtual bank owned by Vancity.
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[edit] Boutiques
Citizens Bank currently operates three boutiques, one each in Calgary, Vancouver and Toronto where members and the public can find out more information about and apply for the bank's products.
[edit] Products Offered
[edit] Personal
- Global Chequing Account, a no-monthly-fee chequing account with no surcharges levied on transactions worldwide on the Plus ATM network.
- Ultimate Savings Account
- Tax-Free Savings Account
- Visa Cards, including the Amnesty International Visa (also carried by Desjardins)
- Mortgages
- Lines of Credit
- “Shared World” Term deposits, in which the principal is used for micro-credit lending
- Investment products, including RSPs, RRIFs and Mutual Funds
- Foreign Currency Exchange
[edit] Business
- Commercial Mortgages
- Foreign Currency Exchange
- Term Deposits
As a chartered financial institution, deposit accounts are insured by CDIC.
[edit] Social Responsibility
Citizens Bank incorporates its ethical policy [1] into doing business, so as to ensure they do business in a socially responsible manner.
This policy covers five key areas:
- ethical business practices
- environmental leadership
- respect and fair treatment
- healthy communities
- peaceful communities
On April 9, 2008, Citizens Bank of Canada became the first North American bank to become fully carbon neutral, as announced publicly by David Suzuki. They also administer hockeystars.com, an online community site for players, coaches and supporters of amateur hockey.
[edit] External links
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