- New service offers ultimate convenience, state-of-the-art
security
TORONTO, June 17, 2014 /CNW/ - Oaken Financial announced
the launch of its online banking service today, marking another
step towards greater banking convenience for Oaken customers.
"Oaken Online Banking is a natural evolution for us," said
Benjy Katchen, Vice President of
Deposits. "By combining the ultimate in convenience with
state-of-the-art security, it fulfills our promise of smooth,
hassle-free banking, with no teaser rates or special promotions
that only apply to new customers. Now, Oaken customers with an
internet connection can truly bank wherever they want, whenever
they want."
Oaken Online Banking provides customers with a full array of
convenient features, from tracking transactions and account
balances to transferring funds and redeeming GICs. It also permits
them to download transactions to financial planning software to
better manage their personal finances.
In keeping with Oaken's commitment to guarding its customers'
personal and financial information, Oaken has made security its top
priority. "We employ advanced encryption and browser protection,
comprehensive email alerts, as well as secure login and automatic
logout," continued Mr. Katchen.
Setting up Oaken Online Banking is simple: customers can email
Oaken at service@oaken.com or call 1-855-625-3622 between 8 a.m. and 8 p.m. ET, Monday to Friday,
to receive an enrollment number by mail.
The launch of Oaken Online Banking complements the recent
introduction of the Oaken Savings Account, which currently pays
1.75%, with no strings attached. This account offers one of the
highest savings rates available among CDIC-insured financial
institutions, mirroring Oaken's market-leading rates on GICs.
Together these initiatives represent Oaken's ongoing aim of
becoming the leading alternative for Canadians to securely save and
invest their money.
About Oaken Financial
Oaken Financial was launched in 2013 to offer Canadians a
competitive alternative to manage their savings independently. The
name Oaken Financial was carefully selected to represent the values
of strength, stability and security. Oaken is a trademark of Home
Trust Company, which is a member of the Canada Deposit Insurance
Corporation (CDIC). Oaken products are eligible for deposit
insurance up to maximum limitations established by CDIC.
About Home Capital and Home Trust
Home Capital Group Inc. is a public company, traded on the
Toronto Stock Exchange (HCG), operating through its principal
subsidiary, Home Trust Company. Home Trust is a federally regulated
trust company offering deposits, residential and non-residential
mortgage lending, securitization of insured residential first
mortgage products, consumer lending and credit card services.
Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British
Columbia, Nova Scotia,
Quebec and Manitoba.
SOURCE Home Capital Group Inc.