Oaken Financial is backed by Home Bank, and powered by Home Trust Company, Canada’s largest independent trust company that’s been proudly serving Canadians since 1987.
Home Trust Company offers a wide range of financial services, including deposit products, residential mortgages, commercial mortgages and Visa* cards. It is a wholly owned subsidiary of Home Capital Group Inc., a publicly held company that trades on the TSX under the symbol HCG. Our head office is located in Toronto, with offices in Vancouver, Calgary, and Halifax.
Home Bank was formerly known as CFF Bank. It was welcomed into the Home Trust family in October 2015, and renamed as Home Bank in August 2016. Home Bank and Home Trust Company are each member institutions of the Canada Deposit Insurance Corporation (CDIC).
In the late 1980s and 1990s, Home Trust and its predecessor company Home Savings and Loans Corporation had a retail presence throughout several communities in southwestern Ontario. Strong growth from 1990s onwards resulted in Home Trust becoming Canada’s largest independent trust company. In 2012, Home Trust returned to its roots with the re-launch of its direct-to-consumer deposits business. Oaken Financial was launched in 2013 to offer Canadians a competitive alternative to manage and control their savings independently.
The name Oaken Financial was carefully selected as a representation of our values and our character. For us, Oaken suggests strength, stability, security and transparency, and reflects our straightforward, approachable personality. After receiving feedback from our customers and employees, Oaken triumphed as the name that would help us express our core value promise – great customer service, mutual respect, great rates, and ultimate security.
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*Visa Int./Home Trust Company, licensed user of mark.