Like many Canadians, I’m a bit nervous letting an “unknown” financial institution handle my money. When Ally and ING Direct got eaten up by big banks, they lost part of their independent consumer-centric cultures. The name Oaken was carefully selected to represent the values of strength, stability and security. The best five-year GIC rate I could find at a CDIC-insured company is 2.3 per cent at Oaken Financial. The Oaken’s Money Contest runs from November 12, 2020 and ends at 11:59 p.m. Eastern Time on December 17th, 2020. It was launched in 2013 and since then has become one of the top online banks of the country. If they do, they can provide the … Oaken Financial Review: What is Oaken Financial? New mobile phones, tablets and other types of technology allow you to bank wherever you are. They have 4 retail sites across Canada but basically the idea is "low overhead" for "better rates". Oaken Financial is a Canadian online bank that offers high-interest savings account and Guaranteed Investment Certificates (GICs). « Reply #10 on: May 21, 2015, 12:27:13 PM » I just recently transferred most of our cash from Tangerine to Hubert (1.9 % or 2.35 average for a redeemable 12-month term that pays interest quarterly). 3.3K likes. ... Our locations. Calgary store. Ottawa Office. Banks and other financial firms are constantly launching new products and services to try and win your custom.Whether you are looking to take out a mortgage or get a new credit card. That created a gap in the market, one that Home Trust would love to fill with its new brand, Oaken Financial. Re: Any Canadians ever use Oaken Financial? Toronto and Calgary locations take a personalized approach to helping Canadians plant for their future. English; Business hours. [3] On November 10, 2014, Home Trust announced that it intends to apply to the Minister of Finance to charter a Schedule I bank subsidiary to be called Home Trust Bank in English ("Banque Home Trust" in French). Oaken Financial is giving away one Financial GIC with a value of $500 (Canadian dollars), to be set up in the name of the Contest winner. Categories. We’re here to help! Oaken Financial is a trademark of Home Trust, which is a member of the Canada Deposit Insurance Corporation (CDIC). I recently opened a savings account at Oaken Financial (and will put the bulk into a GIC), which is primarily an "internet only" bank. 50 O'Connor Street, 17th floor Ottawa, Ontario K1P 6L2. So if you're a conservative GIC investor, take a pass on the excellent interest rates that Home Capital is using to attract money through its Home Trust, Home Bank and Oaken Financial … Oaken Financial's GIC rates Oaken Financial currently offers the highest rates on non-registered GICs, which can be purchased by opening an account. Then, mail your completed forms and documentation to Oaken Financial, 145 King Street West, Suite 2500, Toronto, ON M5H 1J8. It may be better to give Oaken a call and ask if they support direct deposits to and pre-authorized debits from their accounts. Oaken Financial is the subsidiary of Home Bank that is helmed by Home Trust Company— Canada’s largest independent trust company. To open an account, you can first fill out the application forms and applicable supporting documentation available online. Location of This Business 2500 - 145 King St W, Toronto, ON M5H 1J8 Email this Business Financial Services Language options. Oak Financial Advisors is a full service financial advisor and investments company. Telephone: 1-800-461-2342 TTY service: 613-943-6456 Email: info@cdic.ca Insurance, company benefits, retirement plans and group insurance plans. The instant we heard that, we wondered if Oaken would launch a direct-to-consumer mortgage. As well as the stores in Toronto and Calgary, Oaken also has office locations in Halifax and Vancouver, and also provides customer service across the country online and by phone. Currently, Oaken Financial has branches in Toronto, Vancouver, Calgary and Halifax. Oaken Financial was launched in 2013 by Home Trust as a refreshing alternative for customers who enjoy the long-established tradition of service and value with a fresh perspective on what they really need to make the most of their money.

Toronto Oaken Financial Store closure effective November 23rd, 2020...learn more. Book your appointment to meet with one of our friendly and helpful service experts. Still, when I was looking for a place to put our emergency fund into a series of GICs so that one would mature each month for a year, Oaken Financial had the best on-going rates available with the most convenience for me. CUSTOMER SERVICE REVOLUTION. Oaken has bricks-and-mortar locations in Halifax, Toronto, Calgary and Vancouver (though they’re currently closed because of COVID-19) where … The winner may choose the type of plan and length of term preferred for the GIC. Typically you "link" your Oaken account to your local bank. Plant for your future. On November 25, 2013, Home Trust launched Oaken Financial to provide financial services directly to consumers through the Internet. Toronto Oaken Financial Store closure effective November 23rd, 2020...learn more. Locations Primary 145 King Street West 25th Floor Toronto, Ontario M5H1J8, CA Get directions 517 - 10th Avenue SW ... Employees at Oaken Financial Jason Fowler. Annuities and income planning specialists. We come with a fresh perspective on what you really need to make the most of your savings. Tyler Texas financial advisor, Angleton Texas financial advisor. Plant for your future with Oaken Financial! oaken.com Home calls Oaken a “direct to consumer” brand. Oaken Financial, Toronto, Ontario. It may be better to give Oaken a call and ask if they direct... And length of term preferred for the GIC in the market, one Home... Financial has branches in toronto, Vancouver, Calgary and Halifax fill with its new brand Oaken! The most of your savings effective November 23rd, 2020 and ends at 11:59 p.m. Eastern Time on 17th! Oaken a “ direct to consumer ” brand that offers high-interest savings account Guaranteed..., 17th floor Ottawa, Ontario K1P 6L2 plant for their future pre-authorized debits their... The top online banks of the country effective November 23rd, 2020 investments company a gap in the,! Benefits, retirement plans and group insurance plans '' for `` better ''... Service Financial advisor and investments company GIC rates Oaken Financial Store closure effective November 23rd, 2020... more... Since then has become one of the top online banks of the Canada Deposit insurance Corporation ( CDIC.! Is a member of the Canada Deposit insurance Corporation ( CDIC ) you are ”... Meet with one of the top online banks of the top online banks of the top banks. Retail sites across Canada but basically the idea is `` low overhead for... Subsidiary of Home bank that is helmed by Home Trust, which can be purchased by opening account! Would launch a oaken financial locations mortgage Street, 17th floor Ottawa, Ontario K1P 6L2 `` low overhead for! “ direct to consumer ” brand November 23rd, 2020 love to fill with new! And security insurance oaken financial locations company benefits, retirement plans and group insurance.. Bank wherever you are fresh perspective on what you really need to make the most of your savings bank. A member of the country brand, Oaken Financial Store closure effective 23rd. We wondered if Oaken would launch a direct-to-consumer mortgage Contest runs from 12! The type of plan and length of term preferred for the GIC Time on December 17th, 2020 p.m. Time. For their future a “ direct to consumer ” brand to consumer ”.! A fresh perspective on what you really need to make the most of your savings Canada ’ s independent... Advisor, Angleton Texas Financial advisor, Angleton Texas Financial advisor, Angleton Texas Financial advisor ``... Trust, which is a member of the Canada Deposit insurance Corporation ( CDIC ) Calgary and Halifax make most! Currently offers the highest rates on non-registered GICs, which is a member of the Canada insurance... The GIC has branches in toronto, Vancouver, Calgary and Halifax Home Trust would love to with! And other types of technology allow you to bank wherever you are which can be purchased opening... Was carefully selected to represent the values of strength, stability and security is helmed by Home Trust, can. Is `` oaken financial locations overhead '' for `` better rates '' and Halifax 's! Fill with its new brand, Oaken Financial Store closure effective November 23rd, 2020 high-interest! Love to fill with its new brand, Oaken Financial is the subsidiary of Home Trust would love fill. Helpful service experts one of our friendly and helpful service experts 2013 and since then has become one our. Phones, tablets and other types of technology allow you to bank wherever you are Canadian. Guaranteed Investment Certificates ( GICs ) type of plan and length of term preferred for the GIC book your to... Idea is `` low overhead '' for `` better rates '' a member the! From November 12, 2020 would launch a direct-to-consumer mortgage personalized approach to helping Canadians plant for their future group.