Institution profile · Domestic bank (Schedule I)
Home Trust and Oaken Financial
MergedHome Trust Company; Home BankCDIC
Home Trust Company and its subsidiary Home Bank are federally regulated lenders that also take deposits under the Oaken Financial name. Since January 2025 they are part of the Fairstone Bank group.
Profile facts checked October 30, 2026
Mitey files the Home Trust and Oaken Financial index card: 6 OBSI banking cases.
What is Home Trust and Oaken Financial?
Home Trust and Oaken Financial is domestic bank, owned by Fairstone Bank group (since January 8, 2025), regulated by OSFI at the federal level. Eligible deposits are CDIC-insured to $100,000 per category. It doesn’t list personal accounts in FCAC’s Account Comparison Tool, so this page covers its official status, deposit protection, ownership and dated facts.
Combined with Fairstone Bank of Canada under the Fairstone Bank parent on January 8, 2025. Home Trust Company and Home Bank remain separately regulated CDIC members.
At a glance
- Legal name
- Home Trust Company; Home Bank
- Type
- Domestic bank (Schedule I)
- Owner / parent
- Fairstone Bank group (since January 8, 2025)
- Head office
- Toronto, ON
- Founded
- 1987 — Oaken says Home Trust has served Canadians since 1987.
- Regulator
- Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection
- OBSI banking cases
- 6 opened in fiscal 2025 (Nov 1, 2024 – Oct 31, 2025)
- Website
- www.hometrust.ca
Is my money safe at Home Trust and Oaken Financial?
Home Bank and Home Trust Company are each separate CDIC members. Oaken Financial is a name of both.
Worked example — a household with four deposits at two CDIC members
| Deposit | Amount | Protected | Not protected |
|---|---|---|---|
| Member A: Own name | $130,000 | $100,000 | $30,000 |
| Member A: TFSA | $45,000 | $45,000 | $0 |
| Member A: Joint (You + partner) | $80,000 | $80,000 | $0 |
| Member B: Own name | $60,000 | $60,000 | $0 |
Total $315,000; protected $285,000; not protected $30,000. Try your own deposits in the deposit safety tool.
Names CDIC lists for these members: Oaken Financial.
Home Trust and Oaken Financial doesn’t list personal chequing or savings accounts in FCAC’s Account Comparison Tool (retrieved November 1, 2026), so we can’t price its accounts here. Check its own fee disclosures.
Is Home Trust and Oaken Financial on the official lists?
| Legal entity | OSFI list | CDIC member |
|---|---|---|
| Home Bank | OSFI — Schedule I domestic bank | Yes |
| Home Trust Company | OSFI — trust company | Yes |
What else should you know about Home Trust and Oaken Financial?
- Oaken Financial is a trademark of Home Bank, a wholly owned subsidiary of Home Trust Company.Source: oaken.com
- Fairstone Bank of Canada and Home Trust Company closed their combination on January 8, 2025; brands include Home Trust, Oaken Financial, Home Bank, Fairstone, EdenPark and Fig.Source: newswire.ca
Fees for this institution aren’t in FCAC’s tool. Ask for its fee schedule and put the numbers into the account-fee calculator.
How many Home Trust and Oaken Financial complaints reached the ombudsman?
OBSI, the ombudsman for banking, opened 6 banking cases about Home Trust Company in fiscal 2025 (Nov 1, 2024 – Oct 31, 2025), closed 5, and resolved 2 to the complainant’s satisfaction. Across all banks and credit unions, OBSI opened 5,438 banking cases that year (+113% on the year before) and 25% of closed cases ended with money paid.
Counts aren’t adjusted for size, so bigger banks have more cases. A complaint reaches OBSI only after the bank’s own process (up to 56 days). Source: OBSI Annual Report 2025, released March 13, 2026. How to complain.
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