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One-on-One with MonCana Bank’s James Clayton

Moncana-logoWith the official arrival of Canada’s newest bank, MonCana Bank of Canada, we went to President, James Clayton, for a rundown of how it will do business and what it’ll offer consumers.

Clayton graciously sat down with CMT to explain the Calgary-based bank’s dedication to the brokerage industry, its product types and its future product plans. Clayton also offered up his thoughts on the importance of rates vs. a greater package.

One thing that caught our attention is that MonCana will offer 40-year amortizations on conventional mortgages, a rarity these days.

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(Length: 8 min., 25 sec.)

Interview transcriptMonCana Bank – President, James Clayton

Prior related story: MonCana: Canada’s Soon-to-be-Newest Bank