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Email this5:10 pm
April 6, 2013
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Laurentian Bank of Canada (B2B Bank's owner) has launched two online-only accounts that are quite similar to the ones from B2B Bank:
5:45 pm
March 19, 2019
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Do you have coverage for $100,000.00 at LBC and also B2B or is it combined $100,000 coverage?
6:07 pm
September 11, 2013
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Separate coverage, not combined.
https://www.cdic.ca/your-coverage/list-of-member-institutions/
6:36 pm
April 6, 2013
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The LBC Digital accounts are deposits with CDIC member Laurentian Bank of Canada.
The B2B Bank accounts are deposits with a different CDIC member B2B Bank.
So, the CDIC coverage of the LBC Digital accounts is separate from the coverage of the B2B Bank accounts.
6:59 pm
March 19, 2019
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Thanks! I love this forum!
5:12 am
March 30, 2017
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I have no issue signing up for B2B few months ago, but with the LBC digital, I am not able to get thru when signing up, keeps failing at the credit check screen (ask me to answer questions except it does not show me any questions....).
7:41 am
February 20, 2018
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Apparently they are claiming if u got b2b already u have to use a different email for lbc.
10:57 am
September 19, 2018
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Well opening that LBC a/c was easy. About 15 mins and it's open. Just have to wait for the 2 small deposits into my associated bank a/c.
Very different from Simplii that I started to open almost 3 weeks ago and still have not received confirmation of my associated bank to transfer funds from.
11:19 am
March 30, 2017
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savemoresaveoften said
I have no issue signing up for B2B few months ago, but with the LBC digital, I am not able to get thru when signing up, keeps failing at the credit check screen (ask me to answer questions except it does not show me any questions....).
yes they seem to use your email address as the key to identify an account. So one already has B2B account, either use a diff email to sign up (which does not quite make sense) or use same email but ur psd will be same too...
Further to my report that I am unable to finish application, I was sent a email this mrng saying my account is now open ??? However I am not able to see any account info nor perform a link account.
12:40 pm
April 5, 2017
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savemoresaveoften said
yes they seem to use your email address as the key to identify an account. So one already has B2B account, either use a diff email to sign up (which does not quite make sense) or use same email but ur psd will be same too...
Further to my report that I am unable to finish application, I was sent a email this mrng saying my account is now open ??? However I am not able to see any account info nor perform a link account.
Same here ... spoke to someone there ... told I will need a new login ID different than that for B2B. Same as posted above.
2:32 pm
December 26, 2018
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Just like B2B I was not able to open account but my spouse was able to open without issue. 
2:40 pm
December 12, 2009
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I predicted they would do this back in April or so, after their AGM. 
Difference here, though, is you'll need separate online banking logins. But that's not a huge deal; it's just like dealing with a totally different financial institution (not combined as in Home Trust/Home Bank, Equitable Trust/Equitable Bank, and Peoples Trust/Peoples Bank).
Cheers,
Doug
2:43 pm
December 26, 2018
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Question: If you'll need to pick one FI in-between B2B and LBC. Which one would you pick or recommend?
5:16 pm
June 22, 2016
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I have a B2B HISA and I just opened a LBC HISA. My B2B HISA is over the CDIC limit so I want to transfer the excess amount into my LBC HISA by linking the accounts. I assume that I will be able to do this using the B2B linking procedure. Will give it a try.
6:03 pm
December 26, 2018
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bali said
I have a B2B HISA and I just opened a LBC HISA. My B2B HISA is over the CDIC limit so I want to transfer the excess amount into my LBC HISA by linking the accounts. I assume that I will be able to do this using the B2B linking procedure. Will give it a try.
Smart move!
6:13 pm
April 6, 2013
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savemoresaveoften said
yes they seem to use your email address as the key to identify an account. So one already has B2B account, either use a diff email to sign up (which does not quite make sense) or use same email but ur psd will be same too...
Would one's B2B Bank e-mail address and password just work with LBC Digital, without having to onboard again from scratch with LBC Digital?
6:20 pm
April 6, 2013
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Canadianbull said
Question: If you'll need to pick one FI in-between B2B and LBC. Which one would you pick or recommend?
I would pick LBC Digital. Its accounts are with Laurentian Bank of Canada which has a DBRS debt rating of A(low) and S&P debt rating of BBB.
In contrast, B2B Bank is unrated.
6:26 pm
April 6, 2013
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The official press release announcing the launch LBC Digital:
I actually saw their online banner ads before the press release.
6:45 pm
December 26, 2018
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Norman1 said
Canadianbull said
Question: If you'll need to pick one FI in-between B2B and LBC. Which one would you pick or recommend?I would pick LBC Digital. Its accounts are with Laurentian Bank of Canada which has a DBRS debt rating of A(low) and S&P debt rating of BBB.
In contrast, B2B Bank is unrated.
Thank you. Appreciate the feedback on this!
6:54 pm
February 20, 2018
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From LB:
"Please note that you are able to open an account with B2B Bank and LBC Digital however 2 different email addresses are required. The system will not allow the same email address to be registered with LBC Digital and B2B Bank."
Please write your comments in the forum.