History
Manulife Bank was established on January 1, 1993, when Cabot Trust Company, Huronia Trust Company and the Regional Trust Company were merged by Manulife Financial. Its branch network was sold to the Laurentian Bank of Canada later in 1993 and it became Canada's first bank to sell its products through independent financial advisors.
In 1999, Manulife One was launched – Canada’s first “all-in-one” account. Manulife One allowed Canadians to combine their mortgage and other debts with their chequing and savings accounts to simplify their banking and make their money work more efficiently.
In 2010, Manulife Bank established Manulife Trust Company (Manulife Trust) - a federally chartered trust company licensed to do business in all Canadian provinces and territories. Manulife Trust is a wholly owned subsidiary of Manulife Bank. Like its parent company, Manulife Bank, Manulife Trust is a member of the Canada Deposit Insurance Corporation (CDIC).
Today, Manulife Bank has offices in Waterloo, Ontario and Halifax, Nova Scotia and has a network of more than 200 mortgage specialists across Canada.
Read more about this topic: Manulife Bank Of Canada
Famous quotes containing the word history:
“The custard is setting; meanwhile
I not only have my own history to worry about
But am forced to fret over insufficient details related to large
Unfinished concepts that can never bring themselves to the point
Of being, with or without my help, if any were forthcoming.”
—John Ashbery (b. 1927)
“The history of philosophy is to a great extent that of a certain clash of human temperaments.”
—William James (1842–1910)
“The history of every country begins in the heart of a man or a woman.”
—Willa Cather (1876–1947)