Peoples Trust

Office address: Suite 1400, 888 Dunsmuir Street, Vancouver, British Columbia V6C 3K4, Canada 
Year established: 1985 
Company type: Financial services 
Employees: 455+ 
Expertise: Commercial mortgages, deposit services, money movement, embedded finance, deposit and lending platforms, and securitized and specialty lending 
Parent company: Peoples Group 
CEO and key people: Grant MacKenzie, President and CEO 
Financing status:

Peoples Trust is a prominent name in Canada’s financial services industry, offering a wide range of residential mortgages and commercial lending solutions. It operates as Peoples Group and maintains a trust company and a chartered bank subsidiary, called Peoples Bank. The firm holds headquarters in Vancouver and has offices in Toronto and Calgary. Peoples Trust is a subsidiary of Alberta-based holding company Triple Five Group. 

History of Peoples Trust 

Established in 1985, Peoples Trust began as a provider of residential and multi-family mortgage products. It also offered clients competitively priced guaranteed investment certificates (GICs). Over the years, the company has expanded its portfolio to include RRSPs, TFSAs, e-Savings accounts, prepaid cards, and payment solutions. People Trust holds partnerships with the world’s largest payment solutions providers, including Visa, Mastercard, Interac, and American Express. 

Products and Services of Peoples Trust 

Peoples Trust offers a range of financial products and services, including:  

  • commercial mortgage lending and investment: tailored borrowing solutions for individuals and companies, leveraging local market knowledge and real estate financing expertise 

  • retail lending: residential mortgages, consumer loans, and alternative financing options 

  • deposit services: competitive rates on savings accounts, GICs, RRSPs, and TFSAs, with the convenience of online and mobile banking 

  • commercial mortgages, services & securitization: expertise in CMHC and conventional lending for various projects, including mortgage servicing for investor clients 

  • payment solutions & card services: range of services for merchants and custom solutions for fintechs, showcasing innovation in the payments area   

Culture at Peoples Trust 

Peoples Trust emphasizes quality and personalized customer service to stand out in a market dominated by larger institutions. The company's culture is built on providing excellent service and focusing on what's important to customers to deliver a world-class personalized customer experience.   

About Peoples Trust President and CEO Grant MacKenzie 

Grant MacKenzie began his tenure as president and CEO of Peoples Group in March 2016. Prior to this, he served as consultant and advisor to his eponymous consulting firm. MacKenzie boasts more than three decades of industry experience. Over the years, he has held various senior leadership roles, including as CEO of Canadiana Financial and Macquarie Financial, and COO of Cervus Financial.  

MacKenzie has been instrumental in steering Peoples Trust towards growth and diversification. Under his leadership, the group has expanded its corporate family. This includes the establishment of Peoples Bank of Canada and the introduction of new brands and products. His commitment to providing the best in personalized, professional service has been a cornerstone of the company's success.  

The Future at Peoples Trust 

Peoples Trust’s focus on expanding its product offerings and market footprint makes it well positioned to thrive in the dynamic financial services landscape. The company’s commitment to quality and customer-centric approach will continue to drive its journey forward. 

Peoples Trust announces Adam Clark to new senior role

The company is thrilled to appoint Adam Clark as Senior Business Development Manager at Peoples Trust, where he will be serving the Ontario market

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Keeping score

Instead of sending clients with damaged or non-existent credit on their way, mortgage brokers can now refer them to a secured MasterCard program through Peoples Trust to get them back on track - and earn referral bonuses in the process