Manulife Bank
Established in 1993, Manulife Bank was the first federally regulated bank opened by an insurance company in Canada. It is a Schedule l federally chartered bank and a wholly-owned subsidiary of Manulife Financial, one of Canada’s leading financial institutions. Today, Manulife Bank has more than $14 billion1 in assets and serves clients across Canada in all provinces and territories. With a high-quality loan portfolio, the majority of loans being in residential mortgages, Manulife Bank is a profitable and well-capitalized organization. All of Manulife Banks high interest deposit accounts pay you a premium interest rate1 on every dollar in your account and your money is always quickly accessible.
A recent study has shown that Canadians are losing thousands of dollars by not consolidating their debts and by not integrating those debts with the assets they have. Manulife One is an innovative account that does just that. It enables Canadians to use what they ownto reduce what they owe, to simplify their day-to-day finances and to save thousands in interest costs. One of the keys to financial security is the ability to borrow money quickly and cost-effectively when the need arises. A line of credit can be a flexible, low-cost way to access cash or reduce the cost of existing loans. This innovative all-in-one account enables homeowners to use what they own to reduce what they owe and save thousands in interest costs. Manulife One gives you access to a line of credit secured by your home, which allows you to purchase what you need, when you need it.
For more information, please visit http://www1.manulifebank.ca
