TORONTO, Sept. 11, 2012 /CNW/ - Home Trust Company, a wholly owned
subsidiary of Home Capital Group Inc. (TSX: HCG) announces the addition
of a High Interest Savings Account (HISA) to its competitive suite of
"The Home Trust High Interest Savings Account provides a high yield,
liquid alternative to money market funds and is eligible for Canada
Deposit Insurance Corporation (CDIC) coverage up to applicable limits,"
said Gerald M. Soloway, CEO of Home Capital and Home Trust. "It is a
secure and flexible savings vehicle for investors to diversify their
portfolios with a cash component that earns a competitive interest
The Home Trust HISA is offered only through financial advisors, and
investment and mutual fund dealers. It is available for both registered
and non-registered plans and is offered for fee-based and non fee-based
Home Trust Company is the principal subsidiary of Home Capital Group
Inc., a public company, traded on the Toronto Stock Exchange (HCG).
Home Trust is a federally regulated trust company offering deposit,
residential and non-residential mortgage lending, securitization of
insured residential first mortgage products, consumer lending, Visa and
payment card services. Licensed to conduct business across Canada, Home
Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia,
Quebec and Manitoba.
SOURCE: Home Capital Group Inc.
For further information:
Gerald M. Soloway, CEO, or
Martin Reid, President