Editing ATB Financial (section)

=== 2000s to present ===

The Alberta Treasury Branches rebranded in January 2002 as ''ATB Financial'' in an effort to gain stronger brand recognition in urban areas such as Calgary and Edmonton. By 2002 ATB Financial controlled 15 per cent of the province's retail banking, but lagged in the cities with seven per cent in Calgary and eight per cent in Edmonton.<ref>{{cite news |last1=Teel |first1=Gina |title=Renamed Treasury Branches going urban |work=[[Calgary Herald]] |date=January 22, 2002 |page=E3 |id={{ProQuest|2263454578}}}}</ref> The official change of name for the crown corporation did not occur until 2017.<ref name="2017 name change">{{cite web |title=Miscellaneous Statutes Amendment Act, 2017 |url=https://www.canlii.org/en/ab/laws/astat/sa-2017-c-22/latest/sa-2017-c-22.html |website=CanLII |access-date=July 9, 2020 |language=en}}</ref>

ATB was not immune to the [[Financial crisis of 2007–2008|2008 financial crisis]], when over $1.2-billion of non-bank sponsored [[asset-backed commercial paper]] became [[illiquid]]. The financial crisis resulted in special provisions for credit loss of $253-million and $225-million in 2008 and 2009. Alberta's [[Auditor-General]] noted that inappropriate incentives may have been to blame for insufficient due diligence on for the losing securities.{{sfn|Ascah|Anielski|2018|p=19}} The [[Progressive Conservative Association of Alberta|Progressive Conservative]] government responded in July 2009 when Finance Minister [[Iris Evans]] announced a number of government programs to strengthen ATB's balance sheet including providing $600-million in notational capital, and changes to requirements for [[Capital adequacy ratio|capital adequacy test]].{{sfn|Ascah|Anielski|2018|p=19}}

In 2015, the [[New Democratic Party of Alberta|New Democratic]] government capitalized ATB Financial with an additional $1.5-billion to promote lending access to small and medium-sized businesses.{{sfn|Ascah|Anielski|2018|p=20}} In 2021 ''[[Fast Company]]'' named ATB Financial one its 100 Best Workplaces for Innovators<ref>{{Cite web |title=Best Workplaces for Innovators 2021 |url=https://www.fastcompany.com/best-workplaces-for-innovators/2021?view=1 |website=www.fastcompany.com}}</ref> in the International category. Based in Calgary, it had a three-year-old incubator, ATB Ventures.<ref>{{Cite web |date=August 4, 2021 |title=Five additional outstanding international Best Workplaces for Innovators |url=https://www.fastcompany.com/90659111/best-workplaces-innovators-2021-international |access-date=November 10, 2024 |website=www.fastcompany.com}}</ref>