HomEquity Bank Achieves Gold Ranking in AON’s 2017 Best Employers Survey

TORONTO, November 10, 2016 — HomEquity Bank, Canada’s provider of the CHIP Reverse Mortgage™ and the only Schedule 1 bank dedicated solely to mature Canadian homeowners, has placed Gold in AON’s 2017 Best Employers survey.

The recognition reflects HomEquity Bank’s high employee-satisfaction rating, significant growth and revenue and a unique corporate culture that motivates employees to succeed. The company’s first-rate benefits packages and community initiative sponsorships have also contributed to its ranking as a top employer in Canada.

“Fostering the professional development of employees is incredibly important to us. We work hard to ensure our colleagues succeed” said HomEquity Bank President and CEO Steve Ranson, who has led the organization for the last 19 years. “Excellent service provided by engaged, passionate employees has enabled us to earn the trust of retired Canadians for 30 years.”

“We prioritize innovation while honouring our core values and services,” explains Yvonne Ziomecki, SVP Marketing and Sales. “I worked at a number of other financial-services companies, by comparison, this place feels like a startup because it has such an innovative, customer-centric, can-do attitude.”

HomEquity Bank’s total assets has climbed from $1.3 billion to $2.2 billion, an achievement that has landed the company on the Canadian Business and PROFIT’s 28th annual PROFIT 500 list, the definitive ranking of Canada’s Fastest-Growing Companies. The PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Building from this momentum, HomEquity Bank also recently announced its 3-year “CARP Recommended” partnership with Canada’s largest non-profit, non-partisan advocacy association for Canadians As We Age. CARP now recommends HomEquity Bank’s CHIP Reverse Mortgage™ as a viable and comprehensive solution for Canadians planning for retirement.

The CHIP Reverse Mortgage™ is a proven financial product provided to Canadians aged 55+. A reverse mortgage is a financial tool that allows homeowners to access the value of the equity they have in their homes, while still owning their homes until they make the decision to sell.

ABOUT HOMEQUITY BANK

HomEquity Bank is a CARP recommended, Schedule 1 Canadian Bank offering the CHIP Reverse Mortgage™ solution www.chip.ca. The company was founded 30 years ago as an annuity based solution addressing the financial needs of Canadians who want to access the equity of their top asset – their home.