Peoples Trust

Peoples Trust Company
Industry Financial services
Founded 1985 (1985)
Headquarters Vancouver, British Columbia
Area served
Canada, United States
Key people
Grant MacKenzie, CEO
AUM CA$6.93 billion
Website peoplestrust.com

Peoples Trust Company, a division of Peoples Group, is a CDIC-insured trust company based in Vancouver, British Columbia, Canada, and with offices in Vancouver, Calgary, and Toronto. Privately owned, it is part of the Triple Five group of companies.

When Peoples Trust opened in 1985, it focused on the origination of residential and multi-family mortgage products, and the provision of short- and long-term guaranteed investment products. It now includes a specialty in care facility and other commercial mortgages, as well as a line of secured and prepaid credit card products.

Services

Services provided by Peoples Trust:

  • Mortgage origination (Multi-Family, Commercial, Construction, and Residential)
  • Mortgage servicing
  • Deposit services (GICs, RRSPs, TFSAs, e-Savings)
  • Secured credit cards
  • Prepaid credit cards

Membership and affiliations

Peoples Trust is a member of the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks and other member institutions.

Other memberships and affiliations include:

  • Trust Companies Association of Canada
  • Canada Mortgage and Housing Corporation Approved Lender
  • CHMC Issuer under the Mortgage-Backed Securities
  • B.C. Care Providers Association
  • Registered Deposit Brokers Association
  • Calgary Apartment Association
  • Edmonton Apartment Association
  • British Columbia Apartment Owners & Managers Association
  • Federation of Rental Housing Providers of Ontario
  • Ontario Retirement Communities Association
  • National Association of Industrial + Office Properties
  • Mortgage Professionals Canada
  • Mortgage Brokers Association of BC
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