Wyth Financial’s majority owner, SaskCentral, has announced that it has reached an agreement for Equitable Bank (“Equitable”) to become the new owner of Wyth Financial and Wyth Trust.
This transaction is subject to regulatory approval, which is anticipated to be granted in the second half of 2022. In the meantime, there will be no change for your products. Until the transaction has been completed, both banks will remain separate and Wyth will continue to serve you on a business-as-usual basis.
Equitable’s purpose is to drive change in Canadian banking to enrich people’s lives. Our combined business will have more than $50 billion of assets under management, and benefit from Equitable’s financial, technological, product and service leadership. It will have the scale, expertise and technology to deliver great service and value to customers.
Equitable has proven expertise in delivering personal and commercial banking products and financial services. It is Canada’s 8th largest publicly traded Schedule I bank by market capitalization.
If you have any questions about this announcement, please contact us at firstname.lastname@example.org or 1.800.788.6311. We look forward to continuing to work with you as we build a better bank.