Oaken Financial GIC Details
Oaken Financial
- Interest Rate
- 1.85%
- GIC Term Length
- 1 Year
- Interest Compounded
- Annually
- Minimum Investment
- $1,000
- Tax Status
- Registered
- Redeemability
- Non-Redeemable
About Oaken Financial
About Oaken Financial
If you haven't already noticed, we're not like other financial institutions. In fact, we consider ourselves to be a refreshing alternative. We're backed by Home Bank, and powered by Home Trust Company, Canada's largest independent trust company that's been proudly serving Canadians since 1987. So we know a thing or two about loyalty, commitment and helping our customers make the most of their hard-earned money.
At Oaken, you'll find some of the highest savings rates in Canada. But that's far from the only reason to walk through our door. You'll never be surprised with a hidden fee or have to search through heavy fine print. And you'll always sleep soundly knowing your deposits are eligible for CDIC coverage, up to applicable limits. That's our promise.
About Oaken GICs
Build your savings on your terms with GIC options that put you in control of your money. We offer some of the highest GIC rates on the market, and all of our GICs are eligible for Canada Deposit Insurance Corporation (CDIC) coverage, up to applicable limits – so you can enjoy the combination of guaranteed principal and the opportunity to build your savings over time. Our GICs are available as both registered (RSP, TFSA, RIF) and non-registered (Personal and Commercial), and each one is available through either Home Bank or Home Trust, both of which are separate members of CDIC. So whether you're investing for yourself, your business, the short-term or retirement, we're sure to have a GIC option that matches your specific savings need.
Prepared by Cannex on Friday, July 10th, 2020. This information is current as of the date and time posted and is subject to change without notice.
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