Canal Bank’s mission is to remain a strong and independent financial services organization creating value for shareholders, clients, employees, and the communities where we do business, while maintaining the highest standards of business ethics.
Our Board of Directors represents a diverse range of backgrounds, skills, and experiences, built upon a foundation of strong personal and professional ethics. With a balanced mix of experienced members and newer perspectives, our board ensures continuity and stability.
Independence is fundamental to our governance. Of our 14 directors, 13 are independent, providing impartial oversight. Our board operates through five committees, each composed entirely of non-management directors, except for the Executive Committee.
Ensuring ethical conduct is one of the most important things we do at Canal Bank. As such, we adhere to a Code of Business Conduct & Ethics, guiding our actions and promoting honesty, transparency, and integrity in everything we do.