Issues | Wealth One Bank of Canada | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
November 1, 2024
11:03 am
Nomad
Member
Members
Forum Posts: 4
Member Since:
March 18, 2024
sp_UserOfflineSmall Offline

Too bad W1 places a 10 day hold on all federal and provincial pension payments when they are guaranteed by the government.

November 1, 2024
11:05 am
Nomad
Member
Members
Forum Posts: 4
Member Since:
March 18, 2024
sp_UserOfflineSmall Offline

They make it difficult to link external bank accounts, don't offer 2 micro deposits linking or plaid.

November 1, 2024
12:19 pm
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 2149
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline

.
For me ... the Biggest Issue @ W1BoC is They are Still partially owned & run by Communist Dictatorship operatives.

Until the federal government finally clears them outa there, I won't have Anything to do with them (regardless of their interest rates & the CDIC) ❗

It's like banking with the *&^%$# Devil. sf-confused

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

November 24, 2024
2:02 pm
canadian.100
Member
Members
Forum Posts: 975
Member Since:
September 7, 2018
sp_UserOfflineSmall Offline

Dean said
.
For me ... the Biggest Issue @ W1BoC is They are Still partially owned & run by Communist Dictatorship operatives.

Until the federal government finally clears them outa there, I won't have Anything to do with them (regardless of their interest rates & the CDIC) ❗

It's like banking with the *&^%$# Devil. sf-confused

    Dean

  

So - up to Sept 30, 2024 the negative Retained Earnings (which is in reality the total of cumulative losses from start) is about $76 million. In the 8 years they are in business, they have not yet turned a profit. Would be of interest to many how they continue to stay in business.

November 24, 2024
3:50 pm
Bill
Member
Members
Forum Posts: 4022
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

How do they stay in business? Dean clarified this in his post you cite. He states this bank is partially "run by Communist Dictatorship operatives", so obviously they would have access to pretty much unlimited funding.

Please write your comments in the forum.