It’s official: CWT joins National Bank Trust

As of February 3, 2025, CWB Financial Group (CWB) has officially come together with National Bank of Canada (National Bank). This significant milestone marks the legal completion of the acquisition originally announced in June 2024. Our focus turns now to ensuring a positive experience as we fully integrate our two organizations.  

What does this mean for you?

Whether you are a client consultant or a direct client, you should know that coming together with National Bank is an excellent opportunity to expand services and capabilities for you and provide a more compelling choice in the Canadian financial sector. 

Like CWB, National Bank believes that a focus on client experience and the entrepreneurial spirit we share sets us apart. We both have regional roots, a strong cultural alignment, and similar values and vision. This gives me great confidence that we will continue to offer the experience you’ve come to expect from our team, enhanced by a more comprehensive suite of products and services in more places from coast-to-coast as a combined bank. 

What you can expect 

Just as CWB Trust Services (CWT) was a subsidiary of Canadian Western Bank, National Bank Trust (NBT) is a subsidiary of National Bank. After extensive joint integration planning, we have decided that CWT clients will migrate to National Bank over time. With a positive client experience in mind, we plan to roll out migration in phases. We are committed to ensuring this transition is as smooth as possible and look forward to supporting you along the way.

In the coming months, you will either receive further communication from National Bank that welcomes you and introduces our combined organization, or your relationship manager will reach out to discuss the implications of the upcoming conversion and work with you to agree on a target date. 

To help ensure you receive this and other important information during this time, please update your personal information, including your email address, if necessary.

The form to update your email address can be found here. Select the "Address change" option at the start of the form and fill out the "Email Address" field under Section 1. Print the form, provide your signature at the bottom and send it back to [email protected] to update your account. 

Remember

CWB, CWT, National Bank and National Bank Trust will never proactively call, text, or email you to ask for your banking information, especially your one-time verification code number, PIN, password or login credentials.

Looking to the future 

Thank you for trusting us to help you achieve your financial goals. Going forward, please continue to reach out to your Relationship Manager, use our online platforms, or contact us in any of the ways you do today.