Simplii Financial
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Head office address:
Simplii Financial
595 Bay St
Toronto, ON M5G 2C2
Deposit insurance:
Canada Deposit Insurance Corporation (CDIC)
Provinces in which the company operates:
All except Quebec
Line of business:
Banking accounts – No fee chequing and high interest savings accounts along with e-Transfers, mobile and online banking options
Mortgages – variable and fixed residential
Line of credit, personal loans, creditor insurance
Credit card - Simplii Financial Cash Back Visa Card
Investment products like GICs, RRSPs, TFSAs & mutual funds
About this financial institution:
Simplii Financial is the direct banking brand of the Canadian Imperial Bank of Commerce (CIBC). It was founded in 2017 following CIBC and the supermarket chain Loblaw Companies mutually deciding to end their 20-year joint venture of providing consumer banking services under the President's Choice Financial brand.
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