Who We Are
At Fairstone Bank, we are in sync with where business is today and where it’s headed. We’re committed to strengthening how businesses connect with their customers, offering solution-focused financial products and services that drive business success and deliver the right customer experience.
Our value-driven approach to financial services is at the heart of everything we do. By developing financial products and services that propel our partners’ businesses, we empower them to deliver the best value to their customers.
Our Story
Our name is new, but our roots are deep and our evolution is constant. Collectively Fairstone Bank and Fairstone have been providing financial services that enable Canadians to achieve their goals for almost 100 years.
Duo Bank of Canada officially became Fairstone Bank of Canada (“Fairstone Bank”) in 2022. Together with its subsidiary, Fairstone Financial Inc. (“Fairstone”), Fairstone Bank is at the dawn of an exciting future under one united brand. Our heritage as a Canadian lender and our strength as a Canadian bank has enabled Fairstone and Fairstone Bank to become a best-in-class consumer lending group, in sync with the needs of both consumers and businesses.
From major merchants, retailers, and automobile dealers to the individual Canadians who borrow from us, we have the know-how to create innovative, reliable and tailored solutions for each of our customer segments.
1923
1967
2000
2017
Beneficial enters the Canadian market, marking the beginning of Fairstone’s 100 years of history
Avco Financial Limited incorporated in Canada
Citigroup Inc. acquires Associates First Capital; combines the Company to become CitiFinancial Canada
CitiFinancial Canada becomes Fairstone Financial Inc.
Our Combined History: Nearly 100 Years of Experience
Walmart Bank of Canada launches
Walmart Bank of Canada becomes Duo Bank of Canada
Acquisition of Fairstone Financial Inc. by Duo Bank of Canada
Duo Bank of Canada becomes Fairstone Bank of Canada
2010
2019
2021
2022
“We’re a bank founded on the vision to improve the lives of Canadians with value-driven and accessible financial products so they can focus on what matters most.”
Our Core Values
Our vision is to improve the lives of Canadians with value-driven and accessible financial products so they can focus on what matters most. This vision is shared by everyone on our team. It influences how we conduct business and is reflected in our values.
Accountability
We own our role and behave responsibly
Diversity
We are open to different points of view and embody understanding
Innovation
We bring forward new ideas, processes and products to create value
Integrity
We act with integrity and hold ourselves to the highest standards
Recognition
We contribute to and celebrate our shared success
Respect
We treat everyone with respect and empathy
Our Business Partners
