About Haventree Bank
Haventree Bank is a privately owned Toronto-based Schedule I chartered bank, founded in 1990 as Equity Financial Trust and rebranded as Haventree Bank in 2018 when it obtained its bank licence. It is an alternative (B-lender) mortgage lender operating through the mortgage-broker channel, funded by CDIC-insured GICs. In July 2026 it launched a direct-to-consumer digital bank offering a no-fee hybrid chequing/savings account and direct GICs.
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Access: Open to all Canadians
Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
How to join: Open an account or GIC online through the digital bank, or buy GICs through deposit brokers and wealth platforms; mortgages are arranged via mortgage brokers.
Deposit protection: Canada Deposit Insurance Corporation
$100,000 per insured category per member institution
Current top rates
rates confirmed as of 2026-10-14| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 4.00% |
| 2-year GIC | 4.20% |
| 3-year GIC | 4.25% |
| 4-year GIC | 4.25% |
| 5-year GIC | 4.35% |
Base ladder rates. Institution may have more term rates below.
GIC rate history
Best historical posted GIC rate by term
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Term deposit rates
— not stated on siterates confirmed as of 2026-10-14Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Short-term — under 1 year | ||||||
| 3 months | Non-reg | N | — | At maturity | — | 2.60% |
| 6 months | Non-reg | N | — | At maturity | — | 2.80% |
| 9 months | Non-reg | N | — | At maturity | — | 3.25% |
| Long-term — 1 year + | ||||||
| 1 year | Non-reg | N | — | At maturity | — | 4.00% |
| 2 years | Non-reg | N | — | At maturity | — | 4.20% |
| 3 years | Non-reg | N | — | At maturity | — | 4.25% |
| 4 years | Non-reg | N | — | At maturity | — | 4.25% |
| 5 years | Non-reg | N | — | At maturity | — | 4.35% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-14Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Chequing | |||||
| Chequing | Everyday Growth Account | — | — | $0 | 2.50% |
No rates match these filters.
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