PC Financial personal banking products are no longer available

by RateSeer Staff

President's Choice Financial, otherwise known as PC Financial, customers are now being serviced by Simplii Financial.

An article posted to the MacLean's Magazine website in August 2017 stated, "Loblaw Co. is quitting the banking business in a deal that will see two million President's Choice Financial mortgage and banking accounts automatically move to a new, low-fee banking brand operated by CIBC, called Simplii Financial."

For further details and information on how this impacts PC Financial customers, you can read this article from The Financial Post.