Michael appears in the Top 100

Canadian Professionals Magazine

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Michael Misener

Michael Misener is president and chief executive officer of RFA Bank of Canada, formerly Street Capital Bank of Canada. In addition to his valuable years of experience in the financial services industry, he holds a Bachelor of Commerce degree from the University of Toronto, a certified public accountant license in Ontario, and a mortgage broker license in Alberta, Ontario, and British Columbia. Although he is highly skilled and qualified to handle any financial situation, Michael’s specialties are in single-family, residential, and commercial construction lending.


Headquartered in Toronto, Ontario, RFA Bank of Canada is known for taking a proactive approach with borrowers. Unlike larger banks, team members at RFA take the time to walk clients through the mortgage process because they understand that personalized service can make a difference in qualifying for loans, especially in the self-employed market and borrower profiles, which can be more challenging . Although the bank offers coast to coast lending, their core areas of operation are in Ontario, Alberta, and British Columbia. RFA does not lend outside of Canada.


Recently, RFA officially acquired Street Capital Bank of Canada, and as part of the acquisition, they will be coming together under the RFA brand with a fresh, new look. However, there will be no change to current mortgage agreements, and with RFA as the wholly owned participants of the bank, they will be able to move forward with their strategic plan for the next five years. All clients and broker partners can expect the same superior service they have always received.


As president and CEO, Michael’s primary responsibility is developing and implementing the bank’s three-to-five-year strategic plan, which includes key initiatives the team has implemented to address the different types of lending activities they  want to offer in the marketplace. While the previous bank (Street Capital) focused on the single-family residential mortgage market, RFA specializes in residential and commercial construction lending. Bringing in these new focus areas will allow the bank to expand its client base and to obtain a well-established and institutional type of credit that was not always being sourced before the acquisition. They have also been successful in separating prime lending platform from alternative lending platform with its sister company RFA Mortgage Corporation.


Previously, Michael served as senior vice president of Investments and Credit at MCAP Commercial LP. Before becoming a part of their team, he was president and chief operating officer at Cameron Stephens Mortgage Capital. Prior to joining Cameron Stephens, Michael worked for over 10 years at MCAN Mortgage Corporation as vice president and chief investment officer.


In his free time, Michael enjoys spending time with his wife and their two daughters as well as giving back to others through charitable acts. He is currently on the board of directors for Safe Families Canada, a non-profit organization that collaborates between churches, volunteers, and Christian organizations to collect donations and provide short term care and  provide necessary assistance for at-risk children and parents in need.



Michael Misener

President and CEO

RFA Bank of Canada

1 Yonge Street, Suite 2401

Toronto, Ontario M5E 1E5

website: www.rfa.ca

LinkedIn: linkedin.com/in/michael-misener-8145165b

Download the Top 100 Canadian Professionals magazine and check out Michael's feature on page 85.