Zag Bank

Zag Bank
Company typeSubsidiary
IndustryBanking
Founded2002
Defunct2019
HeadquartersCalgary, Alberta
ProductsFinancial services
Number of employees
66
ParentDesjardins Group
Websitewww.zagbank.ca

Zag Bank was a Canadian direct bank owned by Desjardins Group. Zag was founded as Bank West in High River, Alberta in 2002 and acquired by Desjardins in 2011 along with the other Western Financial Group companies. Desjardins announced on November 5, 2018 the winding down of operations for Zag Bank effective 2019.[1]

  1. ^ Group, Desjardins (5 November 2018). "Zag Bank to wind down its operations". www.newswire.ca. Cision. Retrieved 14 August 2020. {{cite news}}: |last1= has generic name (help)