Editing ATB Financial (section)

{{Short description|Canadian financial institution}}
{{Use mdy dates|date=April 2021}}
{{Infobox company
| name = ATB Financial
| former_name = Alberta Treasury Branches (1938–2017)
| logo = ATB Jewel Logo.png
| logo_size = 150px
| type = [[Crown corporation]]
| foundation = {{Start date and age|1938|09|29}} in [[Rocky Mountain House]], [[Alberta]]
| location = [[ATB Place]], [[Edmonton]], [[Alberta]]
| key_people = {{ubl|
* Curtis Stange <small>(President & CEO)</small>
* Joan Hertz <small>(Chair)</small>
}}
| industry = [[Financial services]]
| products = Retail and business financial services, Wealth Management
| revenue = {{increase}} [[Can$]]1.78 billion (2021)<ref name="Financials">{{cite web |title=ATB Financial Annual Report 2021 |url=https://www.atb.com/siteassets/pdf/company/our-business/annual-reports/atb-annual-report-2021.pdf |website=ATB 2021 Annual Report |publisher=ATB Financial |access-date=13 February 2022}}</ref>
| net_income = {{increase}} Can$210.53 million (2021)<ref name="Financials"/>
| assets = {{decrease}} Can$55.76 billion (2021)<ref name="Financials"/>
| equity = {{decrease}} Can$4.07 billion (2021)<ref name="Financials"/>
| aum = 
| num_employees = {{decrease}} 5,044 (FTE, 2021)<ref name="Financials"/>
| homepage = {{URL|https://www.atb.com}}
| owner = [[Government of Alberta]]
}}
'''ATB Financial''' is a [[financial institution]] and [[Crown corporation]] wholly owned by the province of [[Alberta]], the only  province in [[Canada]] with such a financial institution under its exclusive ownership.<ref>{{Cite web |title=Glen Hodgson – Time to Review ATB Financial: Is It Still Needed as a Crown Corporation? {{!}} C.D. Howe Institute {{!}} Canada Economy News {{!}} Canadian Government Policy |url=https://www.cdhowe.org/intelligence-memos/glen-hodgson-time-review-atb-financial-it-still-needed-crown-corporation |access-date=2022-11-12 |website=www.cdhowe.org}}</ref>

Originally established as '''Alberta Treasury Branches''' in 1938, ATB Financial operates only in Alberta and provides financial services to over 800,000 Albertan residents and businesses. It is the largest  [[public bank]] in North America and Alberta’s largest financial institution based in the province.<ref>{{Cite web |title=Alberta's Public Bank: How ATB Can Help Shape the New Economy |url=https://www.parklandinstitute.ca/albertas_public_bank |access-date=2022-11-12 |website=Parkland Institute |language=en}}</ref><ref>{{Cite web |title=ATB Financial - Alberta Treasury Branches |url=http://www.canadabanks.net/default.aspx?article=ATB+Financial+-+Alberta+Treasury+Branches |access-date=2022-11-12 |website=www.canadabanks.net}}</ref><ref>{{Cite web |title=ATB Financial |url=https://www.abchamber.ca/members/atb-financial-2/ |access-date=2022-11-13 |website=Alberta Chambers of Commerce |language=en-US}}</ref> Headquartered in [[Edmonton]], ATB Financial has over 5000 employees.

ATB is not a [[Banking in Canada|chartered bank]], meaning it is not regulated by the Canadian federal government under the ''[[Bank Act (Canada)|Bank Act]]'' and associated regulations. ATB is instead regulated entirely by the Government of Alberta under the authority of the ''ATB Financial Act'' and associated regulations;<ref name="2017 name change" /><ref name="O.C. 241/2018">{{cite web |title=O.C. 241/2018 |url=https://www.qp.alberta.ca/documents/orders/Orders_in_Council/2018/718/2018_241.html |publisher=Queen's Printer for Alberta |access-date=July 9, 2020}}</ref> the legislation is modeled on the statutes, regulations, and guidelines which govern banks and other federally chartered financial institutions. ATB is not a member of the [[Canada Deposit Insurance Corporation]] or Alberta's provincial Credit Union Deposit Guarantee Corporation; deposits are instead fully guaranteed by the Government of Alberta itself.<ref>{{cite web |title=Financial service providers regulated in Alberta |url=https://www.alberta.ca/financial-institutions-regulated-service-providers.aspx#toc-2 |website=Alberta.ca |publisher=Government of Alberta |access-date=July 14, 2019 |language=en-CA |quote=The repayment of money deposited with ATB Financial and interest payable on that money is guaranteed by the Alberta government.}}</ref><ref>{{cite news |last1=Greenwood |first1=John |title=Is Alberta Treasury Branches the nation's strongest bank? |url=https://business.financialpost.com/news/fp-street/is-alberta-treasury-branches-the-nations-strongest-bank |access-date=July 14, 2019 |work=Financial Post |publisher=Postmedia Network |date=May 10, 2011 |language=en-CA}}</ref>  ATB Financial was one of fifteen financial institutions that participated in Canada's [[Large Value Transfer System]].