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In May 1996, Western Financial Group (formerly Hi-Alta Capital Inc.) is established as a junior capital pool corporation listed on the Alberta Stock Exchange. On July 2, 2009, the many local names of offices in the Network were brought under one common brand - Western Financial Group. In January 2008, Bank West celebrates their 5th year anniversary in business. Western Financial Group moves into head office on April 24, 2006. In February 2005, Western Financial Group acquires Federated Life Insurance Company of Canada and the name is changed to Western Life Assurance Company. In 2003, Scott Tannas awarded Ernst and Young's 2003 Prairies Entrepreneur of the Year for Professional/Financial Services. It takes in over $1 million in deposits in its first day of business. In January 2003, a wholly-owned subsidiary of Western Financial Group Inc., Bank West, receives an Order to Commence and Carry on Business from the Superintendent of Financial Institutions (Canada). In August 2002, Western Financial Group makes an initial strategic investment in Jennings Capital Inc. and in 2003, acquire additional common shares and now holds a 29.7% interest in Jennings Capital. In 2001, Brooks and Drumheller, Strathmore, Okotoks, which under the Thomas Cook/Marlin Travel banner has franchises in High River, Alberta is added to Hi-Alta Travel Ltd., a sixth travel office in Olds, Alberta. In 2001, The Western Communities Foundation was founded by Western Financial Group as a non-profit organization created to support the communities in which it operates. In 2001, WFG Agency Network Inc. formerly Western Insurance Network, Western Financial Group's insurance division, becomes the largest insurance broker network in western Canada. In September 1996, the purchase of Hi-Alta Agencies in High River, Hi-Alta Capital goes public with its initial acquisition, Alberta. One name, one team, one brand.Read more...
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