First Nations Bank of Canada

First Nations Bank of Canada
Company typePrivate
IndustryFinancial services
Founded1996
HeadquartersSaskatoon, Saskatchewan, Canada
Total assetsCAD
WebsiteFirst Nations Bank of Canada

First Nations Bank of Canada (FNBC) (French: La Banque des Premières Nations du Canada) is the first Canadian chartered bank to be independently controlled by Indigenous shareholders.[1] FNBC is a Schedule 1 Federally Regulated Bank in accordance with the Bank Act[2] and received its charter on 19 November 1996. The bank headquarters are located in Saskatoon, Saskatchewan, Canada.

As of 2014, Indigenous Canadian groups own 80 percent of the bank.[3]

  1. ^ "FNBC at a Glance - Our History". Retrieved 25 September 2019.
  2. ^ "Bank Act (S.C. 1991, c. 46)". Retrieved 3 July 2018.
  3. ^ "First Nations Bank opens branch in Yellowknife". CBC. 15 October 2014.