FNBC at a Glance

Our History

The founders of First Nations Bank of Canada had a vision to develop a federally-chartered bank serving Aboriginal and Non-Aboriginal people throughout Canada. The Bank was conceived and developed by Aboriginal People, for Aboriginal People and regards itself as an important step toward Aboriginal economic self-sufficiency.

The strategic directive of the founding shareholders was to grow the Bank and increase Aboriginal ownership to the point that the Bank would be controlled by a widely held group of Aboriginal shareholders. Effective Nov 1, 2009 that objective became a reality and now the Bank is over 80% owned and controlled by Aboriginal shareholders from Alberta, Saskatchewan, Manitoba, Yukon, Northwest Territories, Nunavut and Quebec.

With the support of its Aboriginal shareholders, the Bank has demonstrated consistent growth and profitability. Bank services are available through a network of full service branches (three on reserve), Community Banking Centres and electronic banking channels.

Highlights

FNBC Timeline

1996
Received Bank Act charter in November

1997
Saskatoon branch opened September

1998
Opened second branch CHISASIBI, QC

1999
Purchased TD Bank branch WALPOLE ISLAND, ON

2000
Opened first Community Banking Centre BUFFALO RIVER DENE NATION, SK

2001
Added new shareholders YT, MB AND QC (EQUITY INCREASE $3.1 MILLION)

2003
Opened fourth full service bank WINNIPEG, MB Opened second Community Banking Centre CREE NATION OF NEMASKA, QC 

2007
Opened fifth full service branch WHITEHORSE, YT Added new shareholders NU, NWT, YT, SK & QC (EQUITY INCREASE $14 MILLION) Entered into a 7 year Services Agreement with TD Bank

2008
Opened sixth full service bank MEADOW LAKE, SK

2009
Transfer of control of First Nations Bank to the Aboriginal shareholders

2010
Opened seventh full service branch in Iqaluit, Nunavut

2012
Completed our transition to a completely independent Financial Institution

2014
Opened eighth full service branch in Yellowknife NWT. Opened two new concept Community Banking Centres in Baker Lake, NT and Pond Inlet, NT.

2015
Community Banking Centre opened in Kugluktuk, NU, August 18, 2015.