Protect your deposits

All Oaken GICs and savings accounts are available through either Home Bank or Home Trust Company, both of which are separate members of the Canada Deposit Insurance Corporation (CDIC). This means that funds deposited with either issuer are eligible for full CDIC coverage, up to applicable limits. It ensures that your savings are protected in exactly the same way as the big banks, and that you can count on your money being there when you need it.

Learn about safety of your investmentsLearn more about CDIC

For further information, contact CDIC directly at 1-800-461-CDIC (1-800-461-2342) or visit their website at

Download: CDIC Protecting your deposits

Deposit register

The following instruments and/or products are deposits eligible for the deposit insurance from Canada Deposit Insurance Corporation, subject always to maximum coverage limitations as outlined in their brochure "Protecting Your Deposits". Provided they are payable in Canada:

Term deposits and GICs

Short-term deposit (non-registered / RSP / LIRA / LRSP)

Guaranteed Investment Certificate (all plans)

Cashable GIC (non-registered)

Other products

High Interest Savings Account

Oaken Savings Account

Registered Savings Account (TFSA, RSP)

Visa* Card Security Deposit

Not directly available to depositor

Suspense Accounts

Unclaimed Cheques

Items in Transit