CMP names HomeEquity Bank as winner of 2022 5-Star Mortgage Product Award for Reverse Mortgage Products

TORONTO, July 21, 2022 – Today, Canadian Mortgage Professional (CMP), a subsidiary of KeyMedia Group, awarded HomeEquity Bank the winner of the 2022 5-Star Mortgage Product for Reverse Mortgages. To determine Canada’s best mortgage products, CMP conducted an online survey, asking brokers about their preferences and priorities when selecting mortgage products for their clients. The survey was open to brokers across Canada, who were asked to provide product recommendations across a range of different areas, including re

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HomeEquity Bank to be Acquired by Ontario Teachers’

Dear customers, I’m delighted to share that HomeEquity Bank is being acquired by Ontario Teachers’ Pension Plan (Ontario Teachers’), subject to regulatory approval, which we expect to occur in the first half of 2022. This is great news for HomeEquity Bank, our customers, partners, and employees. It is a testament to the success of our business strategy and to the amazing work of our talented team. There will be no impact on our day-to-day – it’s business as usual for HomeEquity Bank through the transiti

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Steve Ranson

HomeEquity Bank Communication – COVID-19

Dear customers, Like you, we at HomeEquity Bank are closely following the developments related to COVID-19 and the impact it is having on Canadians across the country. The health and safety of our customers, employees and partners is our top priority and we are taking every precaution to minimize the risks associated with the virus. With that in mind, we have taken numerous actions to ensure the level of service you’ve come to expect from us continues uninterrupted as we modify our daily operations to help preven

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Canadian Business names HomeEquity Bank to their 30th annual list of Canada’s Fastest-Growing Companies

TORONTO, Sept. 13, 2018 /CNW/ - Today, Canadian Business and Maclean’s recognized HomeEquity Bank providers of the CHIP Reverse Mortgage®(chip.ca) on their 30th annual Growth 500 - the definitive ranking of the Fastest-Growing Companies in Canada.  Published in the October issue of Canadian Business magazine published with the October issue of Maclean’s and at CanadianBusiness.com, the Growth 500 ranks Canadian businesses by their five-year revenue growth. HomeEquity Bank , a federally-regulated, Schedule 1 Canadia

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Joyce Wayne news 680

HomeEquity Bank Featured on 680 News

Joyce Wayne was featured on 680 News Toronto on June 9 and 10 explaining the benefits of the CHIP Reverse Mortgage® and how it can help Canadian Homeowners aged 55+ continue to live in their homes while making possible the pursuit of new careers and pursuing their passions. Listen to the full segment now. Listen Now About HomeEquity Bank HomeEquity Bank, a federally-regulated, Schedule 1 Canadian bank, is the only national provider of the CHIP Reverse Mortgage® solution. Founded 30 years ago, HomeEquity Bank has b

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Peter Mansbridge

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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GTA Top employer 2024

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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Honouring troops and tradition, HomeEquity Bank proudly presents Digital Poppy fundraiser for 5th year

Canadians can donate to get a Digital Poppy to support the Legion National Foundation Oct. 27-Nov.11 at MyPoppy.ca HomeEquity Bank has been supporting the Legion National Foundation as presenting partner of the digital fundraiser since 2018 Letters-Home.ca brings Veterans’ letters online to forge a unique connection between this generation and those who served TORONTO – Nov. 1, 2023 – For the fifth year, HomeEquity Bank is the proud presenting partner of the Digital Poppy campaign, supporting the Legion Na

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Smashing Stereotypes: When it Comes to Financial Well-being, Older, Single Women are Leading by Example

New HomeEquity Bank survey reveals two groups of women 55+ enjoying higher financial wellness scores: women who are solely responsible for their finances and older women who actively rely on financial advice As women age, they are better able to enjoy life if they feel their finances are well-managed. Advisors: women value your professional advice but more than half remain skeptical that it is readily available to them. TORONTO, September 20, 2023 – Findings from a new survey released today from HomeEquity Ba

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