The ten-year CFL veteran spent the last eight seasons with the B.C. Lions but was acquired by Winnipeg in a January trade.
Banks has been a CFL all-star five times, a division all-star eight times and has nabbed 37 interceptions in his career — including 27 as an eight-year starter with the B.C. Lions.
The Boynton Beach, Fla., native started his career with Ottawa Renegades and recorded ten interceptions with the club in 2005.
Banks finished with 46 tackles, three special teams tackles, one sack, two interceptions and two fumble recoveries in 2013 with the Lions.