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Press release from CNW Group

Canadian Western Bank donates over $216,000 to local BBBS organizations through The Greater Interest GIC®

Thursday, December 08, 2011

Canadian Western Bank donates over $216,000 to local BBBS organizations through The Greater Interest GIC®11:00 EST Thursday, December 08, 2011EDMONTON, Dec. 8, 2011 /CNW/ - Canadian Western Bank (CWB) is proud to donate $216,246.30 to local Big Brothers Big Sisters (BBBS) organizations across Western Canada through its 2011 The Greater Interest GIC®campaign. Since partnering with BBBS in 2008, CWB has donated over $845,000 to help facilitate meaningful mentorship opportunities for Canada's youth."We're thrilled to continue supporting our partners at Big Brothers Big Sisters through The Greater Interest GIC® campaign. This innovative investment approach offers two distinct benefits. Our clients benefit from a competitive rate on their guaranteed investment and local BBBS organizations benefit from the corporate donation CWB makes to fund the growth of their mentorship programs," says Angela Saveraux, CWB's Community Investment Manager. "What started as a unique way of giving back to local BBBS organizations has grown into an integrated partnership; in fact, many of our employees commit their time year-round as volunteer mentors.""It's refreshing to partner with an organization that's not afraid to roll up its sleeves and make an impact at a local level," said Joel Porter, Vice-President, Revenue Development, Big Brothers Big Sisters of Canada. "CWB's involvement with Big Brothers Big Sisters has been fundamental to helping us build meaningful mentorships in our local communities. They understand our goals and are there to help us achieve them."During the campaign, based on every dollar clients invested in The Greater Interest GIC®, CWB made a donation of 1/8% to the local BBBS organization in the community where the deposits were raised. CWB's Internet banking division, Canadian Direct Financial (CDF), offered a similar community-based GIC product to clients across Canada named the KeyGiving GIC™. Based on every dollar clients invested in the KeyGiving GIC™, CDF made a donation of 1/8% to the BBBS national office.About Canadian Western Bank GroupCanadian Western Bank offers highly personalized service through 40 branch locations and is the largest publicly traded Canadian 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 affiliates, National Leasing Group Inc., Canadian Western Trust Company, Valiant Trust Company, Canadian Direct Insurance Incorporated, 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. Refer to for additional information.Stakeholders can learn more about CWB Group's community initiatives by following the company on Twitter @CWBcommunity or by visiting their Facebook page at Big Brothers Big Sisters of CanadaFor nearly one hundred years, Big Brothers Big Sisters has been making a positive difference in the lives of our nation's youth by developing and implementing a wide range of mentoring programs. Serving as role models, our mentors teach by example the importance of giving and giving back, of staying in school, and of having respect for family peers and community. Big Brothers Big Sisters of Canada provides quality mentoring services for more than 33,000 children and teenagers. Big Brothers Big Sisters currently has over 25,000 volunteer mentors working at 125 agencies that serve children in over 1,000 communities across the country. Learn how you could start something at further information: Angela Saveraux Community Investment Manager Canadian Western Bank Phone: (780) 441-2257 E-mail: Joel Porter Vice-President, Revenue Development Big Brothers Big Sisters of Canada Phone: (905) 639-0461 x16 E-mail: