Manulife Bank of Canada (operating as Manulife Bank; ) is a wholly-owned subsidiary of Manulife. As a direct bank, it offers high-interest chequing & savings accounts, credit cards, lines of credit, and mortgages, including Manulife One. Since it was established in 1993, Manulife Bank has grown to more than $29 billion in assets[3] and serves customers across Canada. Manulife Bank headquarters are in Waterloo, Ontario.
Manulife Bank distributes its products and services through independent financial advisors, mortgage brokers, and a Canada-wide network of more than 200 mortgage specialists.
Manulife Bank does not have any physical branches; however, customers can access their accounts using a mobile banking app, online banking, and Interactive Voice Response (IVR) telephone banking. In addition, customers can make debit purchases using their access cards, write cheques, and make surcharge-free Automated Banking Machine (ABM) transactions at thousands of ABMs across Canada through The Exchange Network.[4]
Manulife Bank is a member of Canada Deposit Insurance Corporation (CDIC).