CWB Introduces CWB Wealth Management Ltd.

EDMONTON, ALBERTA--(Marketwired - Feb. 17, 2016) - CWB (TSX:CWB) is pleased to announce the launch of CWB Wealth Management, a company dedicated to providing comprehensive financial planning, advisory and wealth management services. Clients will benefit from a team of experienced wealth management experts and services rooted in independent research as well as a strong focus on risk management and long-term performance. CWB Wealth Management takes a collaborative, relationship-driven approach to business by offering products and service directly as well as through its three affiliated companies: Canadian Western Financial, Adroit Investment Management and McLean & Partners Wealth Management. David Schaffner, previously the president and chief executive officer at Leith Wheeler Investment Counsel Ltd., has been appointed as president and chief executive officer of CWB Wealth Management.

"We're excited to bring together the knowledge and expertise of our existing wealth management teams under one umbrella," said Schaffner. "It gives us the opportunity to serve, advise and support clients with diverse wealth management needs by leveraging our internal network of trusted subject matter experts and financial planning professionals."

"This is another positive step in our long-term growth strategy," said Chris Fowler, CWB's president and chief executive officer. "We've been very pleased to grow our wealth management offering over the years with the acquisition of Adroit Investment Management in 2008 and McLean & Partners Wealth Management in 2013. This next step will enhance our ability to offer clients relevant products and services that meet their needs, delivered with the personalized service they expect from CWB."

CWB branches will continue to offer a range of mutual funds from Canada's leading fund companies through Canadian Western Financial. CWB Wealth Management clients will also have access to a new, exclusive, line of proprietary mutual funds, the CWB Onyx Portfolio Series, scheduled to launch later this month.

About CWB Wealth Management Ltd.

Rooted in planning ahead to make the most of every opportunity, CWB Wealth Management takes a unified approach to deliver sound service, helpful solutions and ongoing support to help clients achieve their vision for the future. Products and service are offered through CWB Wealth Management Ltd. and its affiliated companies Canadian Western Financial, Adroit Investment Management and McLean & Partners Wealth Management. For more information, visit www.cwbwealth.com.

About CWB Group

Canadian Western Bank offers a full range of business and personal banking services across the four western provinces and is the largest publicly traded Canadian bank headquartered in Western Canada. The Bank, along with its material operating affiliates, National Leasing Group, Canadian Western Trust, CWB Wealth Management Ltd., Canadian Western Financial, Adroit Investment Management, and McLean & Partners Wealth Management, collectively offer a diversified range of financial services across Canada and are together known as the CWB Group. The common shares of Canadian Western Bank are listed on the Toronto Stock Exchange under the trading symbol "CWB". The Bank's Series 5 Preferred Shares trade on the Toronto Stock Exchange under the trading symbol "CWB.PR.B". Refer to www.cwb.com for additional information.