Manulife Bank of Canada

  • Manulife Bank of Canada
  • Banque Manuvie du Canada
Company typeSubsidiary
IndustryBanking
Founded1993
HeadquartersWaterloo, Ontario, Canada
Key people
Alex Lucas, CEO[1]
Total assetsCA$ 29 billion (2022)[2]
OwnerManulife
Websitewww.manulifebank.ca

Manulife Bank of Canada (operating as Manulife Bank; French: Banque Manuvie du Canada) is a wholly-owned subsidiary of Manulife. As a direct bank, it offers high-interest chequing & savings accounts, credit cards, lines of credit and mortgages, including Manulife One. Since it was established in 1993, Manulife Bank has grown to more than $29 billion in assets[3] and serves customers across Canada. Manulife Bank headquarters are in Waterloo, Ontario.

Manulife Bank distributes its products and services through independent financial advisors, mortgage brokers and a Canada-wide network of more than 200 mortgage specialists.

Manulife Bank does not have any physical branches; however, customers can access their accounts using a mobile banking app, online banking and Interactive Voice Response (IVR) telephone banking. In addition, customers can make debit purchases using their access cards, write cheques and make surcharge-free Automated Banking Machine (ABM) transactions at thousands of ABMs across Canada through The Exchange Network.[4]

Manulife Bank is a member of Canada Deposit Insurance Corporation (CDIC).

  1. ^ "Manulife names Alex Lucas head of banking unit as Rick Lunny retires".
  2. ^ "Manulife Bank Fact Sheet 2022" (PDF).
  3. ^ OSFI
  4. ^ "Participating Financial Institutions". The Exchange Network. Retrieved 1 May 2019.