Case Study: Fairstone Bank of Canada Achieves Rapid Term Deposit Growth with Portfolio+

Fairstone Bank of Canada grows term deposits from $120 million to over $2 billion with Portfolio Plus

Fairstone Bank of Canada partnered with Portfolio+ to modernize its term deposit operations. The bank faced a highly manual process for nominee GIC processing and sought to unlock new funding opportunities through Canada’s broker network.

Portfolio+ implemented a solution powered by its integration with the CANNEX Financial Network. This automation transformed the bank's operations into a scalable growth engine, reducing operational effort. As a result, Fairstone Bank grew its term deposit portfolio from approximately $120 million to over $2 billion in less than three years.

Fairstone Bank of Canada