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Press release from CNW Group

Canadian Western Bank named among the "Best Employers in Canada" for five consecutive years

Wednesday, November 03, 2010

Canadian Western Bank named among the "Best Employers in Canada" for five consecutive years10:46 EDT Wednesday, November 03, 2010EDMONTON, Nov. 3 /CNW/ - Canadian Western Bank (CWB) is pleased to announce the achievement of its fifth consecutive year as one of the top 50 Best Employers in Canada, improving its ranking to 27th, up from 35th in 2010.The Best Employers in Canada study measures the level of employee engagement at participating organizations and is based on results from a national survey conducted by Aon Hewitt, in association with the Queen's Centre for Business Venturing at the Queen's University School of Business.Notably, organizations with high employee engagement enjoy tangible benefits, including a greater ability to attract and retain key talent.  "We have consistently moved up in the ranking of the top 50 Best Employers in Canada over the past five years," said Uve Knaak, CWB's Senior Vice President of Human Resources. "We use the survey results to focus on areas that help us offer the most rewarding, meaningful and productive work environment possible for our employees."Refer tohttp://was2.hewitt.com/bestemployers/canada/pages/the_list_2010.htmfor further information about the study.About Canadian Western Bank GroupCanadian Western Bank offers highly personalized service through 39 branch locations and is the largest Canadian owned bank headquartered in Western Canada. The Bank specializes in mid-market commercial lending and offers a full complement of personal banking services. The Bank, along with its operating subsidiaries, Canadian Western Trust Company, Valiant Trust Company, Canadian Direct Insurance Incorporated, National Leasing Group Inc., Adroit Investment Management Ltd. and Canadian Western Financial Ltd., collectively offer a diversified range of financial services across Canada and are together known as Canadian Western Bank Group. The common shares of Canadian Western Bank are listed on the Toronto Stock Exchange under the trading symbol 'CWB.'  Refer to www.cwbankgroup.com for additional information.For further information: Uve Knaak       Kirby Hill, CFASr. Vice President, Human Resources   Director, Investor & Public RelationsCanadian Western Bank     Canadian Western BankPhone: (780) 423-8871     Phone: (780) 441-3770E-mail: uve.knaak@cwbank.com     E-mail: kirby.hill@cwbank.com