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Email this11:03 am
March 18, 2024
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Too bad W1 places a 10 day hold on all federal and provincial pension payments when they are guaranteed by the government.
11:05 am
March 18, 2024
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They make it difficult to link external bank accounts, don't offer 2 micro deposits linking or plaid.
12:19 pm
January 12, 2019
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.
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 *&^%$# Devil. 
- Dean
" Live Long, Healthy ... And Prosper! "
2:02 pm
September 7, 2018
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Dean said
.
For me ... the Biggest Issue @ W1BoC is ➡ They are Still partially owned & run by Communist Dictatorship operatives.Until the federal government finally clears them outa there, I won't have Anything to do with them (regardless of their interest rates & the CDIC) ❗
It's like banking with the *&^%$# Devil.
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.
3:50 pm
September 11, 2013
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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.
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