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Sears Canada BankSears Bank of Canada was created to services the Sears cards issued by Sears Canada, but does not provide any other financial services. History Sears Canada was founded in 1953 by Sears Roebuck of Chicago and operating under joint ventures with Simpsons Ltd. as Simpons-Sears. It later ended the relationship and began to build on its own. It later acquired Simpons stores through bankruptcy in the 1990s. Sears Bank was established in 2003 by the Office of the Superintendent of Financial Institutions (OSFI). Services Services provided by Sears Canada Bank: - Sears Card
- Sears Club
- Card Assist
- Family First
- New Outlook
- Sears Passport To Travel
- Sears Welcome Home
- Insurance Services
- SearsConnect
Executive Membership SBC is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of: External link
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