About Manulife Bank
Since 1993 Manulife Bank has been helping Canadians bank with confidence, invest wisely and borrow with flexibility. From bank accounts and investments to credit cards and mortgages, we offer a variety of financial products and services to clients across Canada. Manulife Bank is a Schedule l federally chartered bank and a wholly owned subsidiary of The Manufacturers Life Insurance Company (Manulife Financial). In addition to being a subsidiary of Manulife Financial, we also have a subsidiary called Manulife Trust.
About Manulife Financial
We may be 25, but our parent company is over 130 years old. Manulife Financial was created in 1887 and has been helping Canadians create financial strategies for their biggest life milestones ever since. We’re proud to say our parent company is Canada-based, but offers insurance protection and wealth management solutions globally including in Asia and the United States. Learn more about how Manulife is helping people achieve their dreams and aspirations in the Public Accountability Statement.
Deposit and investment protection
Manulife Bank is a member of the Canada Deposit Insurance Corporation (CDIC). That’s good news because it helps protect your money.
CDIC is a federal Crown corporation that provides deposit insurance to investors and protects them against a loss in the event of an institution’s failure or bankruptcy. All eligible deposits are covered up to a maximum limit of $100,000 (Canadian dollars), coverage is free and is automatically applied to all eligible products.
Additional information for investors
Here are three more fun facts we want to share:
- Just as your personal credit score determines your financial worthiness for lenders, our company credit score helps investors have confidence in us and feel confident about depositing your money.
- Believe it or not, not everyone has long term financial goals. We’re happy to help investors with both short-term and long-term goals, that’s why we offer Bearer Deposit Notes for short-term investors.
- In addition to our customer-focused retail term and savings deposits, Manulife Bank also issues various forms of wholesale deposits to institutional investors (i.e. other companies, organizations and corporations).
In addition to our retail term and savings deposits, Manulife Bank issues various forms of wholesale deposits to institutional investors. These include:
|Terms of less than one year:||Bearer Deposit Notes (see the Bank's current Bearer Deposit Notes Information Memo for details)|
|Terms of greater than one year:||Medium term deposit notes|
Past financial performance and disclosures
Now that you know all about us, it’s time to talk numbers – after all we are a bank. Learn more about our past financial performance and read our disclosures.