HomeEquity Bank

Surprise! Boomers are no more likely to have been victimized by online fraud or scams despite being targeted more frequently

Retrieved on: 
Friday, March 1, 2024
Education, News, Senior, Internet, Fraud, Wi-Fi, HomeEquity Bank, Research, CARP, Online shopping

In fact, Boomers are no more likely to have been victimized by online fraud or scams than any other generation.

Key Points: 
  • In fact, Boomers are no more likely to have been victimized by online fraud or scams than any other generation.
  • Despite this truth, two thirds (66%) of Canadians polled think Boomers are the most likely to fall victim to online scams.
  • What remains consistent across demographics is that Canadians are open to learning more about fraud and staying safe online (89%).
  • HomeEquity Bank is committed to providing resources to help its clients and all Canadians stay ahead of fraud.

Peter Mansbridge challenges the perception of retirement by asking the right questions

Retrieved on: 
Monday, January 8, 2024
Dream, HomeEquity Bank, Travel, Statistics, Bank, Statistics Canada, Ageing, Retirement, Social media, Television, Senior

HomeEquity Bank, Canada's only federally regulated bank exclusively serving Canadians 55+ has engaged Peter Mansbridge as Strategic Communications Consultant.

Key Points: 
  • HomeEquity Bank, Canada's only federally regulated bank exclusively serving Canadians 55+ has engaged Peter Mansbridge as Strategic Communications Consultant.
  • In a new campaign from HomeEquity Bank launching January 8, Mr. Mansbridge takes a turn at answering some of the biggest questions about retirement.
  • In the campaign, Mr. Mansbridge playfully takes aim at the ageist idea that retirement is a time to "hang it all up," empowering Canadians to instead seize the many opportunities retirement can bring.
  • "I've made a career challenging the status quo by asking the right questions, and I've recently become quite familiar with the word 'retirement,'" said Mr. Mansbridge.

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

Retrieved on: 
Wednesday, September 20, 2023
CFPB, HomeEquity Bank, Friends, Sleep, Woman, EST, Research, Life expectancy, Parity, Retirement, POA, Health, Safety, Family, Caregiver, Female, Credit, Nursing, Financial adviser, Birth control, Chickie

Through this research it can better support women 55+ and help them sleep better at night by separating financial myth from fact.

Key Points: 
  • Through this research it can better support women 55+ and help them sleep better at night by separating financial myth from fact.
  • Two demographics stood out from the findings: single women and older women and these women are smashing the stereotypes by taking action.
  • This is reinforced by the survey findings with single women 55+ seeking financial advice more actively (51%) than women living with family (41%).
  • Women who actively spoke to financial advisors not only achieved greater financial wellness but also greater parity with men with similar behaviours.

CHIP Mortgage Trust Issues $175 million of Medium Term Notes

Retrieved on: 
Friday, July 14, 2023
BMO Capital Markets, Note, HomeEquity Bank, TD, TD Securities, Trust, CMT, CIBC World Markets, Sale, RBC Capital Markets, AAA, CIBC, Scotiabank, Bank

TORONTO, July 14, 2023 /CNW/ - CHIP Mortgage Trust ("CMT" or the "Trust") today announced that it has concluded the sale of $175 million of senior medium term notes (the "Notes").

Key Points: 
  • TORONTO, July 14, 2023 /CNW/ - CHIP Mortgage Trust ("CMT" or the "Trust") today announced that it has concluded the sale of $175 million of senior medium term notes (the "Notes").
  • The Notes have a coupon of 6.069%, are rated AAA (sf) by DBRS Limited and have an expected final payment date of November 14, 2028.
  • "We have closed another very successful issue of Notes by CMT," said Atul Chandra, Executive Vice President and Chief Financial Officer, HomeEquity Bank.
  • Medium term notes are, and will continue to be, a key source of funding for our rapidly growing reverse mortgage business."

Canadian retirement plans face life support without adequate home care

Retrieved on: 
Monday, May 15, 2023
Under Secretary of Defense for Personnel and Readiness, HomeEquity Bank, Senior, Life, Typhoons in the Philippines, Jamaican, Health, Quality of life, Hope, National Association of Care and Support Workers, Research, Customer experience, Attitude, Dementia, Retirement, Bukky Abaniwonda, Risk, IPSOS, Happiness, SE, PSW, Mental health, Family, Safety, Statistics Canada, Renting, Nursing

However, without access to adequate in-home care, it may be challenging for many Canadians to live retirement on their terms," said Vivianne Gauci, Senior Vice President, Customer Experience and Chief Marketing Officer at HomeEquity Bank.

Key Points: 
  • However, without access to adequate in-home care, it may be challenging for many Canadians to live retirement on their terms," said Vivianne Gauci, Senior Vice President, Customer Experience and Chief Marketing Officer at HomeEquity Bank.
  • "The retirement plans of Canadians are often much simpler than you'd expect, with many expressing a desire to age in the home they love."
  • The IPSOS research showed that nearly three in five (58 per cent) Canadians polled say their quality of life would be at risk without adequate PSW support.
  • Nominated by Lee Grunberg: "Ashley is particularly skilled in caring for clients that have complex care plans.

HomeEquity Bank CFO Atul Chandra wins 2023 Report on Business Best Executive Award

Retrieved on: 
Wednesday, April 19, 2023
Human resources, HomeEquity Bank, ISM Report On Business, Culture, EVP, Business, HEB, Report, CFO, MPA, Bank, Atul, SVP, Cryptocurrency, Management, Marketing

TORONTO, April 19, 2023 /CNW/ - HomeEquity Bank, provider of the CHIP Reverse Mortgage, is delighted to announce that Executive Vice President & Chief Financial Officer (CFO), Atul Chandra, has been recognized as a recipient of the 2023 Report on Business magazine Best Executive Awards in the Finance category.

Key Points: 
  • TORONTO, April 19, 2023 /CNW/ - HomeEquity Bank, provider of the CHIP Reverse Mortgage, is delighted to announce that Executive Vice President & Chief Financial Officer (CFO), Atul Chandra, has been recognized as a recipient of the 2023 Report on Business magazine Best Executive Awards in the Finance category.
  • In fact, he has helped the Bank post record breaking earnings and industry-leading efficiency ratios," said Steven Ranson, HomeEquity Bank President and Chief Executive Officer.
  • The Globe and Mail launched the Report on Business magazine Best Executive Awards in 2020.
  • Nominations were assessed by the Report on Business editorial team based on career background, leadership style, achievements, and impact.

Deepfakes are helping scammers take fraud to new lows

Retrieved on: 
Tuesday, March 21, 2023
Lottery, HomeEquity Bank, Senior, Canadian Anti-Fraud Centre, CAFC, Research, Nightmare, Customer experience, Grandparent, Police, CRA, YouGov, Fraud, Confidence trick, Cryptocurrency, Online shopping, Romance

According to the Canadian Anti-Fraud Centre (CAFC) fraud and cybercrime reports are up 40 per cent from the year before, and totalled C$530m in victim losses in 2022.

Key Points: 
  • According to the Canadian Anti-Fraud Centre (CAFC) fraud and cybercrime reports are up 40 per cent from the year before, and totalled C$530m in victim losses in 2022.
  • As the celeb, our deepfake takes viewers through three ripped-from-the-headlines scenarios to raise awareness of the most frequent methods of fraud targeting Canadians 55 and up.
  • "Understanding that retired Canadians feel more vulnerable to scams, I knew HomeEquity Bank had a responsibility to help fight this new kind of fraud."
  • "While our deepfake actor is only using the technology for educational purposes, not every user of deepfake technology is," said Gauci.

Waterstone Human Capital Names HomeEquity Bank to its Most Admired Corporate Cultures list for the First Time

Retrieved on: 
Thursday, November 24, 2022
Heel, Ageing, Senior, Wealth, HomeEquity Bank, Schedule, Social responsibility, Retirement, Lebanese Canadian Bank, Growth, Organization, Sharpening stone, Business, CMP, Choice, Bank, Management

TORONTO, Nov. 24, 2022 /CNW/ -HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to announce it has been recognized in the Waterstone Human Capital Most Admired Corporate Cultures list for the first time.

Key Points: 
  • TORONTO, Nov. 24, 2022 /CNW/ -HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to announce it has been recognized in the Waterstone Human Capital Most Admired Corporate Cultures list for the first time.
  • HomeEquity Bank was named to the list in the Mid-Market category following an in-depth assessment ranging from the organization's vision and leadership to corporate social responsibility initiatives.
  • For more information, visit www.chip.ca
    At Waterstone Human Capital, we inspire organizations to build high performance cultures.
  • Waterstone is also the founder of the Canada's Most Admired Corporate Cultures and Canada's Most Admired CEO programs.

HomeEquity Bank announces appointment of new Board of Directors

Retrieved on: 
Tuesday, August 2, 2022
Constellation, McGill University Faculty of Law, Sale, Mergers and acquisitions, Audit committee, Trudy, McKinsey & Company, CIO, Company, Ontario Teachers' Pension Plan, Ageing, New Board, Flexera, Francine, Retirement, Dell, Board of directors, Director, Acquisition, Investment, Strategy, Canadian Bank of Commerce, Solution, Institute for Mergers, Acquisitions and Alliances, Risk management, Bank, Income, Deloitte, Burton's Biscuit Company, APCO, Tangerine Bank, YourMechanic, Growth, Walmart Canada, Aviva Canada, McGill University, HomeEquity Bank, Royal Bank, CEO, Capital, CIBC, Board, Organization, Royal Bank of Canada, Insurance, HSBC, Chair, B2C, CIBC World Markets, Blue Coat Systems, Faculty, Google, Pension fund, Management, SonicWall, Woman

TORONTO, Aug. 2, 2022 /CNW/ - HomeEquity Bank, provider of the CHIP Reverse Mortgage, announced today that it has a new Board of Directors.

Key Points: 
  • TORONTO, Aug. 2, 2022 /CNW/ - HomeEquity Bank, provider of the CHIP Reverse Mortgage, announced today that it has a new Board of Directors.
  • "We are excited to welcome a talented and diverse new Board of Directors, who will help drive HomeEquity Bank forward as we challenge stereotypes about the product category and maintain and grow our market leadership," said Steven Ranson, HomeEquity Bank President and Chief Executive Officer.
  • Joining Steven Ranson on the new HomeEquity Bank Board of Directors are:
    Brenda is a proven senior executive and board member with more than 30 years of Canadian and global experience.
  • Dan is the new Chair of the HomeEquity Bank Board of Directors.

HomeEquity Bank enters the Metaverse to build a Homes for Heroes village in support of homeless Canadian veterans

Retrieved on: 
Tuesday, July 12, 2022
Decentraland, Technology, HomeEquity Bank, Homelessness, Veteran, Homes for Heroes Act of 2013, Canadian Bank of Commerce, Dignity, Housing, Bank, Ipsos, Awareness, Senior, Attention, Unification of the Canadian Armed Forces, CEO, 1991–92 1. FC Köln season, Marketing, Entrepreneurship, Nick Caserio, Retirement, NFT, Smartphone, Customer experience, Tokenization (data security), Virtual reality, Software, Public opinion, Partnership, Real estate, Online gambling, Metaverse

Unfortunately, veteran homelessness continues to be a serious issue, with veterans accounting for 4.4% of homeless individuals in Canada .

Key Points: 
  • Unfortunately, veteran homelessness continues to be a serious issue, with veterans accounting for 4.4% of homeless individuals in Canada .
  • In response, showcasing its passionate support for Canada's veterans, HomeEquity Bank is announcing its first initiative in the Metaverse to draw much-needed attention to Homes for Heroes, an organization that builds free housing for veterans.
  • HomeEquity Bank believes that every Canadian, including veterans, should be able to live with dignity in a home they love.
  • By building a replica Homes for Heroes village in the Metaverse, HomeEquity Bank aims to help Canadians young and old immerse themselves in a Homes for Heroes community and donate to help make the virtual community real world homes for veterans.