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ATB Financial controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1980

    High-risk lending and borrower defaults

    The Treasury Branches became the subject of controversy after major clients, including Gainers Foods and the owners of West Edmonton Mall, defaulted on loans. The episode contributed to public concern about politically influenced or inadequately controlled lending and preceded later governance reforms.

  2. 1955

    Royal Commission into lending practices

    The Treasury Branches faced allegations of preferential lending to members of the Alberta Legislature and firms indebted to the provincial government. A Royal Commission found no evidence of maladministration or wrongdoing within its mandate, while the government introduced restrictions on legislative members borrowing from the institution.