Protect your deposits
All Oaken GICs and savings accounts are available through either Home Bank or Home Trust Company, both of which are separate members of the Canada Deposit Insurance Corporation (CDIC). This means that funds deposited with either issuer are eligible for full CDIC coverage, up to applicable limits. It ensures that your savings are protected in exactly the same way as the big banks, and that you can count on your money being there when you need it.Learn about safety of your investmentsLearn more about CDIC
The following instruments and/or products are deposits eligible for the deposit insurance from Canada Deposit Insurance Corporation, subject always to maximum coverage limitations as outlined in their brochure "Protecting Your Deposits". Provided they are payable in Canada:
Term deposits and GICs
Short-term deposit (non-registered / RSP / LIRA / LRSP)
Guaranteed Investment Certificate (all plans)
Cashable GIC (non-registered)
High Interest Savings Account
Oaken Savings Account
Visa* Card Security Deposit
Not directly available to depositor
Items in Transit
Commercial applications can be downloaded here and mailed to us.
Or if you prefer to make an appointment to apply in person, you can do so by viewing our Oaken store locations. For more information, please email email@example.com or call 1-855-OAKEN-22 (625-3622) from Monday to Friday 8:00AM to 8:00PM EST and Saturday from 9:00AM to 5:00pm EST.