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ATB Financial

Company nameAlberta Treasury Branches
Company typeCrown Corporation
IndustryFinancial services
FoundedRocky Mountain House, Alberta, 1938
HeadquartersEdmonton, Alberta
Key peopleDave Mowat, President and CEO Robert A. Splane, Chairman of the Board
ProductsFinancial services, Wealth Management
Revenue(+) $990.0 million CAD (2011)
Employees5,300+

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Alberta Treasury Branches, doing business as ATB Financial, is a financial institution and crown corporation owned by the Province of Alberta. ATB operates in Alberta only, providing financial services to 680,000 Albertans and Alberta-based businesses. ATB has 167 branches and 130 agencies, serving a total of 242 communities in Alberta. Wealth management services are offered under the name ATB Investor Services or ATBIS. ATB has more than 5,300 employees.

Headquartered in Edmonton, Alberta, Canada, with total assets of C$27.4 billion, ATB is the largest Alberta-based financial institution.

ATB is not a chartered bank, and unlike all banks operating in Canada, ATB is regulated entirely by the Government of Alberta, under the authority of the Alberta Treasury Branches Act, Chapter A-37.9, 1997, and Treasury Branches Regulation 187/97. The legislation is modeled on the statutes and regulations governing other financial institutions and other guidelines to financial institutions issued by the federal Office of the Superintendent of Financial Institutions and the Canada Deposit Insurance Corporation. ATB Financial is one of fifteen financial institutions that participates in Canada's Large Value Transfer System.


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