President’s Choice Financial

PC Financial – President’s Choice Financial | Pay no daily banking fees, earn PC Points and get great rates. Bank online, by telephone or at over 3,800 President’s Choice Financial & CIBC bank machines.

President's Choice FinancialPresident’s Choice Financial is a banking service provided by Loblaw Companies. Several different organizations provide individual financial services under the President’s Choice Financial umbrella: Most standard bank products are provided by the Canadian Imperial Bank of Commerce. MasterCard services are provided by President’s Choice Bank, a wholly owned subsidiary of Loblaw Companies. Insurance is provided by PC Financial Insurance Brokers Inc., a wholly owned subsidiary of Loblaw Companies. PC Financial does not offer business banking services. PC Financial has no branches; rather, customer interactions are carried out over the Internet, the telephone, at automated teller machine or in at pavillions located inside Loblaw-affiliated stores. In January 2009, there are 234 pavilions in Canada. President’s Choice Financial was ranked by J.D. Power and Associates as having the highest customer satisfaction among mid-size Canadian banks in 2007, 2008, 2009, 2010, and 2011. The joint venture between Loblaws and CIBC started in 1996. PC Financial offers lines of credit, loans, Registered Retirement Savings Plan, and mortgages.

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