[citation needed] President's Choice discontinued their home and auto insurance offerings to new customers in 2009 for a brief period as structural changes were made.
[citation needed] President's Choice Financial launched the PC Money Account, a no-fee "debit-like" personal banking service, on September 14, 2020.
Clients performed their banking transactions on the Internet, at a PC- or CIBC-branded ATM, by telephone, or in person at pavilions located inside Loblaw-affiliated stores.
[3] On August 16, 2017, it was announced that Loblaw Companies and CIBC had mutually decided to terminate their joint venture to provide consumer banking products.
[7] PC Financial's credit card and insurance products were unaffected by the decision, and continued to be offered by subsidiaries of Loblaw Companies.