CWB Group donates $100,000 to children's hospitals in celebration of its 100th
consecutive profitable quarter
EDMONTON, June 6, 2013 /CNW/ - Canadian Western Bank Group (CWB Group)
(TSX:CWB) is pleased to donate $100,000 to children's hospitals across its key
markets in celebration of its 100(th) consecutive profitable quarter.
"Attaining consistent profitability every quarter for 25 years is a tremendous
accomplishment for CWB Group, and a big part of our celebration is to give
something extra back to the communities that have been integral to our
success," said Chris Fowler, President & CEO. "As an organization, we're
committed to making communities stronger, healthier and more sustainable, and
this contribution will certainly have a positive impact in this regard."
Last month, CWB Group employees were asked to place their vote for the
charitable cause to which they most wanted the donation to be directed, and
children's hospitals was the clear winner. The donation will be distributed
based on the number of employees located in each province within CWB Group's
main geographic footprint (British Columbia, Alberta, Saskatchewan, Manitoba
and Ontario). Selected hospital foundations will receive an unrestricted
donation to be spent in an area of significant need.
"Sick and injured children will always need the specialized care provided by
children's hospitals," said Teri Nicholas, President & CEO, BC Children's
Hospital Foundation. "We're very fortunate that CWB Group's employees
understand the need and have the desire to help children across Canada. This
corporate gift and the ongoing support of CWB Group and its employees in BC
will have a direct positive impact on the lives of thousands of children."
"The Stollery Children's Hospital Foundation is extremely grateful for CWB
Group's generous support. This funding commitment will have a positive impact
on the lives of many Stollery Kids and their families. From cutting-edge
research and life-saving medical innovations, to enhancing the overall patient
experience at the hospital, The Foundation is committed to investing in
excellence at the Stollery. It's because of the generosity of community
partners like CWB Group that we continue to provide the best family-centered
care to those who need it most," says Mike House, President and CEO, Stollery
Children's Hospital Foundation.
In total, six organizations will benefit: BC Children's Hospital Foundation
($33,000), Stollery Children's Hospital Foundation ($29,000), Alberta
Children's Hospital Foundation ($20,000), Children's Hospital Foundation of
Saskatchewan ($5,000), Children's Hospital Foundation of Manitoba ($12,000)
and SickKids Foundation ($1,000).
About Canadian Western Bank Group
Canadian Western Bank offers a full range of business and personal banking
services across the four western provinces and is the largest publicly traded
Canadian bank headquartered in Western Canada. The Bank, along with its
operating affiliates, National Leasing Group Inc., Canadian Western Trust
Company, Canadian Direct Insurance Incorporated, Valiant Trust Company, Adroit
Investment Management Ltd., McLean & Partners Wealth Management Ltd., and
Canadian Western Financial Ltd., collectively offer a diversified range of
financial services across Canada and are together known as the Canadian
Western Bank Group. The common shares of Canadian Western Bank are listed on
the Toronto Stock Exchange under the trading symbol "CWB". The Bank's Series 3
Preferred Shares trade on the Toronto Stock Exchange under the trading symbol
"CWB.PR.A". Refer to www.cwb.com for additional information.
Angela Saveraux Community Investment Manager, Canadian Western Bank Phone:
(780) 441-2257 E-mail:email@example.com
SOURCE: Canadian Western Bank
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-0- Jun/06/2013 13:30 GMT
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