December 2, 2025 marks a major milestone in the Canadian banking sector: Fairstone Bank of Canada has acquired Laurentian Bank for $1.9 billion. This strategic alliance paves the way for a more modern, accessible customer experience without any interruption to your current services.

If you have an account with Laurentian Bank, rest assured: your funds and services are secure. In the coming months, your accounts will be transferred to National Bank, an institution known for its extensive network and advanced digital solutions. This means more branches, more online tools, and a broader range of financial products. For you, it’s an opportunity to access even more comprehensive services—without any immediate action required on your part.

Fairstone will continue to focus on commercial financing, while National Bank will welcome Laurentian’s personal and small business clients. This partnership ensures a smooth and secure transition, giving you the best of both worlds.

For Laurentian Bank mortgage holders, nothing changes: your rates and payments remain the same. Over time, your file will be managed by National Bank, giving you access to innovative digital tools and a customer service team recognized for its efficiency. The transition will have no impact on your existing commitments.

 

This acquisition is great news for consumers: it combines Fairstone’s strength in commercial financing with National Bank’s expertise in personal banking. Together, they offer you a more modern, accessible, and secure banking experience.

 

Contact your mortgage broker today for personalized support and to explore all your options.

Sources : Canada’s Fairstone to buy Laurentian in $1.9 billion deal - Actuality CMT
La Banque Laurentienne accélère son virage stratégique vers une banque commerciale spécialisée - 2 décembre 2025