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Company type | Subsidiary |
---|---|
Industry | Banking |
Founded | 1993 |
Headquarters | Waterloo, Ontario, Canada |
Key people | Katy Boshart, CEO [1] |
Total assets | CA$ 29.5 billion (Q1 2024)[2] |
Owner | Manulife |
Website | www |
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).