Community Trust

Office address: 2350 Matheson Boulevard East, Mississauga, Ontario, L4W 5G9
Website:  www.communitytrust.com
Year established: 1975
Company type: financial services
Employees: 200+
Expertise: banking, investing, mortgages, and retirement
Parent company: Questrade Financial Group
CEO and key people: Edward Kholodenko, President and CEO (Questrade)
Financing status: corporate-backed or acquired

Community Trust positions itself as a flexible alternative to traditional financial institutions. It was established in 1975, then was acquired in 2019 by Questrade, Canada’s largest independent online brokerage. Community Trust is regulated by the Office of the Superintendent of Financial Institutions (OSFI) and is a member of the Canada Deposit Insurance Corporation (CDIC).

History of Community Trust

Founded in 1975, Community Trust has established itself as a privately held Canadian company offering a wide array of financial and trustee services across Canada. In 2019, it became a subsidiary of Questrade, one of Canada's leading fintech companies. Community Trust continues to offer its diverse product portfolio as a Questrade subsidiary.

Products and Services of Community Trust

Community Trust offers a variety of products and services, including:

• mortgage solutions: tailored options for owner-occupied and rental properties, first and second fixed-rate conventional mortgages, purchases, refinances, and terms ranging from 1 to 5 years
• term deposits and GICs: a broad range of savings and deposit products, including registered and non-registered Guaranteed Investment Certificates (GIC) with competitive interest rates
• registered accounts: classic registered accounts include Retirement Savings Plans, Retirement Income Funds, Spousal Plans, Tax-Free Savings Accounts, and Locked-in Plans

Culture at Community Trust

Community Trust fosters a culture of trust, collaboration, and innovation. It values the contributions and expertise of its team, promoting an entrepreneurial spirit and a commitment to mutual support. The company emphasizes ethical standards, compliance, and a responsive approach to client needs, ensuring a positive and engaging work environment.

About Community Trust/Questrade President and CEO Edward Kholodenko

Edward Kholodenko is the President and CEO of Questrade, the parent company of Community Trust. Kholodenko put up Questrade, an online mortgage company, in 1999. Over the years, Questrade became Canada’s largest independent online brokerage. Twenty years later, it acquired Community Trust, expanding its mortgage lending scope even further.

Kholodenko’s leadership has been instrumental in guiding the company through significant milestones. His vision and expertise have been pivotal in enhancing Community Trust's position in the financial sector.

The Future at Community Trust

Community Trust sees itself as a flexible alternative to home buyers, investors, or banking clients. By continuing to show flexibility and innovation in delivering products and services to meet clients’ needs, Community Trust will remain a trusted name in the mortgage and finance industry.