First Nations Bank of Canada

Bank · SASKATOON, Canada · overall 5.4 / 10

How this 5.4 is built

Average of 6 scored needs: 5.4. Regulation in Canada: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

FIRST NATIONS BANK OF CANADA is recorded in the global register as a bank in SASKATOON, Canada. The register names OSFI as its regulator and shows the licence as active. Established 1996. Collected from open registers.

On its own website: “FNBC offers banking services you would expect from a big bank like chequing accounts, mortgages, and investment products.”

Legal name: FIRST NATIONS BANK OF CANADA
Regulated by: OSFI
Licence confirmed: yes, on a regulator's own list
Established: 1996
LEI: 549300CXEHGNN6MSF262
Website: www.fnbc.ca/

Scores, 0 to 10

8.0Financial strength & stability

· source

6.0Canada

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.5Cross-border payments, FX and multi-currency accounts

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Lowest fees

The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Coverage limits are available from $1,000 to $10,000. We offer this protection with a competitive Business Overdraft Protection rate and a low standard monthly fee of $10” · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.