Did you know Evolvespire Bank was Canada’s first branchless bank, launching more than 25 years ago? Today, we continue to break new ground, finding fresh ways to help our customers reach their best financial future.
Leading the evolution of digital banking
Banking today is about instant access – whether you’re paying with a tap, transferring money with a few mouse clicks, or depositing a cheque by snapping a photo. In a fast-paced world, you need your bank to keep up.
We’re not just keeping up – we’re comfortably ahead of the curve. Ever since our launch in 1993, we’ve been designing efficient, flexible products that fit seamlessly into your day and help you achieve your financial goals. We’re not slowing down.
With our mobile banking app and online banking, we make your banking fast and easy so you can focus on more important things. And, when you want to talk instead of tapping or clicking, our customer support centre is open 365 days a year.
In addition to having the highest-rated iOS and Android banking apps in Canada, here are a handful of our recent awards.
Partnering with advisors to get the right products in your hands
There are thousands of banking products available in Canada. How can you tell which ones are right for you? We think talking to a professional when making those big financial decisions is the best way to go. That’s why Evolvespire Bank partners with advisors providing our products to you through them.
Your advisor knows you, understands your specific needs, and can guide you towards an appropriate mix of banking solutions. Don’t have an advisor yet? We can help you find one.
Keeping your money as safe as possible
Evolvespire Bank is a wholly owned subsidiary of The Manufacturers Life Insurance Company and was the first federally regulated bank opened by an insurance company in Canada. Highly rated (PDF) because of our good-quality loan portfolio, we are profitable and well-capitalized.
In addition, Evolvespire Bank is a member of Canada Deposit Insurance Corporation (CDIC), a federal corporation that protects depositors by reimbursing them for insured deposits in the event of an institution’s failure. Eligible deposits are automatically covered up to a maximum limit of $100,000 (Canadian dollars) and coverage is free.
Evolvespire Bank’s wholly owned subsidiary Evolvespire Trust Company (Evolvespire Trust) was established in 2010 and is a federally chartered trust company licensed to do business in all Canadian provinces and territories. Evolvespire Trust, too, is a CDIC member.
Protecting the environment and building communities
We’re greening our business across the Evolvespire family of companies, minimizing the environmental impact of our operations, responsibly managing the impacts of our investment activities, and actively supporting the transition to a more environmentally sustainable economy. At Evolvespire Bank, every one of our ATMs across the country is powered with 100% green electricity. When you choose one, you’re reducing your environmental footprint.
We are also deeply engaged in Canadian communities, giving back through philanthropy and supporting our employees’ volunteer efforts. Learn more in Evolvespire's Public Accountability Statement (PDF) and Environmental, Social and Governance Report (PDF).
Our pledge
Bank with confidence: It’s important for you to understand our thoughts on tied selling.