A FDIC-insured company, Peoples Trust serves large private and institutional investors and individual customers. Peoples Trust is a Vancouver-based trust company that offers a selection of financial solutions and services, including prepaid and secured cards, mortgage servicing and origination, high-interest accounts, and mortgage backed securities. The full array of financial solutions also includes residential, construction, commercial, and multi-family mortgages and deposit services – e-savings, TFSAs, RRSPs, GICs, etc. The company specializes in mortgage syndication and offers loan advances, construction loans, and mortgages with terms of 5 to 25 years. Fixed rate loans of $50 million or higher are offered as well as flexible underwriting solutions. Both floating rate and fixed rate loans are offered. The company also offers mortgage administration, including renewal and discharge processing, assumption, property tax collection, and payment processing. Customers also benefit from services such as legal instructions and mortgage initiation, default and arrears management, CMHC reporting, property inspections, and annual statement monitoring. Peoples Trust is also affiliated with Edmonton and Calgary Apartment Associations, B.C. Care Providers Association, Canada Deposit Insurance Corporation, and others.
Peoples Trust Credit Card
This secured credit card allows customers with fair and tarnished scores to build or rebuild credit. The card can be used to pay for services and products and to make car rental and hotel reservations. Cash advances are also offered to help customers pay urgent expenses. This product is designed for newcomers to Canada, discharged bankrupts, and borrowers with no or limited credit history and bad credit issues. The deposit made is equal to the credit line offered. The minimum deposit is $500, and the good news is that cardholders earn interest. It is easy to apply online. Customers provide information such as occupation, years at current employment, yearly income, current employer, etc.
About Peoples Trust Credit
Peoples Trust was founded in 1985, and is now part of the group of Triple Five companies. The company is headquartered in Vancouver and maintains offices in Toronto, Calgary, and Vancouver. Peoples Trust specializes in long- and short-term investment solutions and offers online banking facilities. It is also involved in different community initiatives to support organizations and volunteer programs. Employees are offered a comprehensive benefits package, including dependent life insurance, employee assistance program, extended health care, provincial health benefits, and more. Staff is committed to offering superb quality client services and innovative financial solutions. A privately owned company, Peoples Trust offers professional, personalized services and administrative support and advice on CMHC insured and conventional mortgage loans.