Banking Services

Solutions Banking

Solutions Banking is a simplified approach to banking to bring you solutions for your day-to-day banking and long-term goals.

We have bundled our products to provide you with integrated solutions for your cash management needs. Everyone has different needs - choose any individual or combination of products to fit your needs.

Solutions Banking products at a glance

We offer a new approach to banking for clients that is a smart alternative to traditional banks. Simple, straightforward, competitive and convenient. At the same time, clients can continue to bank on the professional financial security advice and personal service they have come to expect from you.

Client banking needs can be met with a series of integrated accounts – all connected through the same service – Internet, ABM access, or by telephone. Whether it's chequing, savings, or overdraft protection, there are flexible solutions to meet every client's overall banking needs.

The suite of products* include:

Product For clients who want....
Chequing Account A chequing account for handling day to day transactions while earning interest.
Get Growing Account A chequing account that teaches children under 18 the basics of banking.
Merit Account A chequing account for seniors who have simple day-to-day banking needs.
Preferred Savings Account A savings account for clients that will generate higher than average interest on their short-term savings.
Security Flex Line Personal overdraft protection offered as an integrated product with Chequing, Merit and Cornerstone accounts.
All-in-One A home equity line of credit that offers clients a flexible source of financing, integrated with an exclusive chequing account for day-to-day transactions.
CSV line of credit A line of credit secured by the permanent non-registered life insurance policies issued by Great-West Life.
Investment loan/line of credit A secured single-disbursement loan or line of credit used towards the purchase of non-registered investments including most of Great-West Life's non-registered segregated fund policies (with the exception of policies with the lifetime income benefit) as well as Quadrus Group of Funds.
RRSP loan A loan used to purchase mutual or segregated funds so clients may maximize their RRSP contributions and take advantage of tax deductions.
Secured Personal Flex Line** A secured line of credit integrated with an exclusive chequing account that allows clients to access funds for all types of projects or unexpected needs.
Secured Personal loan** A secured all-purpose loan with a defined payment amount, term and amortization period.

Solutions Banking gives clients a convenient and flexible way to conduct their daily banking, and if suitable for the client, investment loans to build their investment portfolio and realize their financial goals. It increases clients' opportunities to manage and monitor their financial development through the integration of banking products into their financial portfolio.

This offering improves your ability to meet the service expectations of clients and enables Great-West Life to offer a comprehensive range of products and services, from banking products to complex financial security planning. We can now offer clients a "one-stop shop" for all financial planning services.

*All credit products are subject to National Bank approval.

**Note: Unsecured loans and lines of credit were discontinued from the product offering in January 2005. These products continue to be shown on rate bulletins and in POS for the benefit of clients, approved before January 2005, who may request changes to their product. Unsecured lending products should not be offered to clients.

Solutions Banking products and services are provided by National Bank of Canada