First Nations Bank of Canada has expanded its branch network by opening a new full-service branch in Iqaluit, Nunavut. With the new office, the bank now has branches in Saskatchewan, Ontario, Manitoba, Quebec, Yukon and Nunavut.

Keith Martell, chairman and CEO of First Nations Bank, said: “Our expansion into Nunavut reflects the ownership and investment of Inuit people in our bank, and reinforces our commitment to grow in communities where our shareholders live and work. Customers in Nunavut will now have access to the services of a Chartered bank provided by a locally-owned business.

“Our bank is primarily focused on providing financial services to the Aboriginal marketplace. Working shoulder-to-shoulder with customers, businesses, and community leaders we create opportunity and prosperity for Aboriginal people.”

Arden Buskell, president and COO at First Nations Bank, said: “Nunavut represents a tremendous business opportunity for our bank, with the Iqaluit branch as the first step in our commitment to the Territory.”

First Nations Bank of Canada is a chartered bank offering Aboriginal and non-Aboriginal people, corporations and governments a full-range of personal and business banking services, including loans, mortgages, investments (registered and non-registered), transaction accounts and cash management.