Canadian Western Bank Closing Medicine Hat Branch

MEDICINE HAT, AB - The Sentinel has learned that CWB has decided to close the Medicine Hat branch by March of 2024 in a move to downsize operations.

The Sentinel reached out to CWB and Angela Saveraux, a spokesperson with Canadian Western Bank provided the following statement:

"Canadian Western Bank has made the difficult decision to permanently close our banking centre in Medicine Hat, effective March 19, 2024. We remain committed to serving our clients through online channels and our nearest location in Lethbridge, Alberta."

Sources who wish to remain anonymous have told the Sentinel that upper management came to the Medicine Hat Branch this past week and informed staff of the decision. There was not much warning and staff feel blindsided by the decision.

Clients of the branch are to expect letters from CWB outlining the decision to close the branch. The Norwood location of CWB has been open for 8 years after moving from its Kingsway Avenue location in 2015.