Canadian Western Bank ("CWB"), thanks to the ongoing support of its customers and the CWB branch in Yorkton, has just donated $4,607.07 to Big Brothers Big Sisters (BBBS) of Yorkton as a result of its The Greater Interest GIC campaign.
"The Greater Interest GIC is a unique investment product that delivers two distinct returns," says Michael Halliwell, Senior Vice President and Regional General Manager, Prairie Region.
"The first return is for our customers who receive a competitive rate on their guaranteed investment certificates (GIC). The second return benefits local youth and children's charities who receive a donation from CWB based on the total amount of deposits raised."
Between September 1, 2010 and October 31, 2010, based on every dollar CWB clients invested in The Greater Interest GIC, CWB made a donation of 1/8 of a per cent back into the community where the GIC's were raised. Donations were made to local Big Brothers Big Sisters chapters across Western Canada and, in Edmonton and the surrounding area, to the local Youth Emergency Shelter Society.
"The slow economic recovery has made it more difficult for charitable organizations and non-profit groups to raise money," comments Irma Van De Bon, Executive Director at Big Brothers Big Sisters of Yorkton.
"Canadian Western Bank's The Greater Interest GIC generated a significant donation to support us and other children's charities that help the kids in our communities."
