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Simplii Financial

Recent events

Recent events tied to this brand in public sources.

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  1. 2025

    Surrey sues CIBC's Simplii Financial and Coast Capital Savings over $2.5 million fraud loss

    The City of Surrey filed a lawsuit in B.C. Supreme Court on Dec. 23 against CIBC's Simplii Financial division and Coast Capital Savings Federal Credit Union, alleging the financial institutions allowed the conversion of cheques altered by a former city finance clerk to defraud the city of more than $2.5 million between 2017 and 2024. The allegations have not been proven in court and the financial institutions have yet to file a statement of defence.

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