Press Releases
HomeEquity Bank President and CEO Steven Ranson to retire June 30, 2024, after 27 successful years leading the bank
Industry veteran Katherine (Katie) Dudtschak appointed HomeEquity Bank’s next President and CEO TORONTO, April 9, 2024 — HomeEquity Bank announced today that Steven Ranson will be retiring as President and CEO after a remarkable 27-year career building the reverse mortgage industry in Canada and establishing HomeEquity Bank as the market leader. HomeEquity Bank’s Board of Directors has appointed Katherine (Katie) Dudtschak as the bank’s next President and CEO. During Mr. Ranson’s leadership
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Surprise! Boomers are no more likely to have been victimized by online fraud or scams despite being targeted more frequently
• Survey reveals 66% of Canadians think Boomers are the most likely scam victims • Data shows Boomers are actually among the most vigilant when it comes to engaging in higher risk online behaviours. • Older Canadians continue to be highly targeted by scammers, driving the need for education to help stay one step ahead • Are you unscammable? Quiz offers Canadians a chance to test their mettle on fraud TORONTO – March 1, 2024 – It’s a tired punchline: older people fall victim to scammers because they’re
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Peter Mansbridge challenges the perception of retirement by asking the right questions
Award-winning journalist and author Peter Mansbridge has been appointed Strategic Communications Consultant for HomeEquity Bank TORONTO – Jan. 8, 2024 – There are few voices Canadians trust more to get the right answers than award-winning journalist and author Peter Mansbridge. HomeEquity Bank, Canada’s only federally regulated bank exclusively serving Canadians 55+ has engaged Peter Mansbridge as Strategic Communications Consultant. The intent of the collaboration is to help HomeEquity Bank refresh the con
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HomeEquity Bank successfully closes its inaugural $175 million Deposit Note offering
Toronto, December 11, 2023 – HomeEquity Bank ("HEB" or the "Bank") today announced that it has concluded its inaugural issue of $175 million of deposit notes due December 11, 2026 (the “Deposit Notes”). The Deposit Notes are senior unsecured obligations of HEB. The Deposit Notes have a coupon of 7.108% per annum, paid semi-annually commencing June 11, 2024. DBRS Morningstar has assigned HEB’s Deposit Notes a rating of BBB (low) with a Stable trend. CIBC Capital Markets and TD Securities acted as joint bookrunne
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HomeEquity Bank named among Greater Toronto’s Top Employers for living our values at work
2024 winners selected for progressive policies and culture reflecting evolving employee expectations TORONTO – Dec. 5, 2023 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to announce it has been recognized as one of Greater Toronto’s Top Employers for 2024, acknowledging the organization’s ongoing investment in its employees’ well-being and workplace culture. Presented by Mediacorp Canada Inc.—organizers of the annual Canada’s Top 100 Employers project—the 2024 Greater Toront
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