Eligible for CDIC coverage
Some of the best GIC rates available
Our interest rates are among the highest in Canada. This makes our no-fee GICs the ideal way to manage the funds of your business or non-profit entity.
Safeguard your organizations finances
If you’re managing a corporation or association, your first priority is to ensure the safety of the funds held in the corporation’s name. That’s where we come in. Oaken GICs are the perfect instrument for protecting the corporation’s principal now and in the future. Our GICs are available for any type of entity such as:
Condo or strata corporations
Associations
Trusts
Businesses(incorporations, partnerships, sole proprietors, etc)
Non-profits and charities
The great advantage of our GICs is that they satisfy even the strictest financial requirements. From condo reserve funds to investments in a charity or trust, our GICs can help you discharge your fiduciary responsibilities, while benefitting from some of the highest deposit interest rates in Canada.
Convenience
To save you time and make your life easier, you can manage your organization’s investments through Oaken Digital. With just a few clicks, you can take a look at current information any time of the day or night, from the comfort of wherever you want.
Share separate online access with other authorized signatories
Track balances and transactions
Transfer funds to or from other institutions
View and update the maturity instructions
Use the powerful alert system to receive messages about balances, transactions and maturity dates
Available in both short and long terms, from 30 days all the way up to 5 years
Interest can be paid monthly, semi-annually, annually or at maturity
Cashable or non-cashable options, for whatever suits the entity’s needs
Two deposit issuers to choose from—Home Bank and Home Trust Company—both of which are separate members of CDIC
