Peoples Trust


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:
Peoples Trust is a member of the Canada Deposit Insurance Corporation, a federal agency insuring deposits at all of Canada's chartered banks and other member institutions.
Other memberships and affiliations include:
On May 13th 2019 Ontario Superior Court awarded $ 16.8 million to plaintiffs in a class action lawsuit regarding fees and unused balances the company seized from consumers of its prepaid gift cards between 2012 and 2014. The decision is currently under appeal.