The official opening of the new Tangerine location in Brampton, Ontario.
Tangerine Bank, operating as Tangerine, is a Canadian direct banking subsidiary of Scotiabank. It offers savings accounts, Tax-Free Savings Accounts (TFSA), Guaranteed Investment Certificates (GIC) and Registered Retirement Savings Plans (RRSP), mutual funds, mortgages and a no-fee chequing account.
Founded by ING Group in 1997 as the Canadian operation of ING Direct, the bank was acquired by Scotiabank in 2012. The new name for the bank was revealed in November 2013, and was rolled out beginning in April 2014.
People who are familiar with Tangerine know they’re not your typical banking institution. Typical banking institutions have brick and mortar locations. While you won’t find any Tangerine brick and mortar locations, they do have some Café locations around Toronto, Vancouver, Montreal, Calgary and now Brampton.
I had the pleasure of attending the launch of the Brampton Tangerine Café location.
A cozy spot for coffee and friendly financial advice.
So, why Cafés and not branches? Tangerine feels learning about money shouldn’t be complicated. In fact, they think it can be as easy as enjoying a cup of coffee with friends. At a Tangerine Café you’ll find that saving, financial nourishment and being a good neighbour are all on the menu.
Chances are you may even run into the Café staff in your community. You’ll find them handing out seedlings on Orange bicycles to help make our world a little greener in Vancouver, or alongside Quebec sports celebrities raising funds to help Québec kids reach their full potential. You’ll see them at the Calgary Stampede in Orange cowboy hats selling burgers for charity, or hosting a picnic for kids in need in Toronto.
At Tangerine Cafés, you can stop in to chat about your finances, use an ABM, or get help with banking matters. If you don’t have time to stop in to chat over coffee, the Sign Me Up app is a quick and easy way to open your first Tangerine Savings, Chequing, TFSA or RSP Account in under 15 minutes.
Getting some helpful financial advice and opening my new Tangerine account.
The friendly staff were happy to answer all of my questions and it only took about 15 minutes to get me set up with my new Tangerine account!
Tangerine is proud to be known as the bank that helps Canadians save their money, and all of the Accounts we offer reflect this. Their simple products, along with award-winning client service have helped close to 2 million Canadians grow their savings and live better lives.
They believe your money should be able to work as hard as you do, which is why they nickel and dime you with unfair fees, and they have no minimum balances. Banking with Tangerine is easy and convenient, with simple tools which are a perfect fit with our busy lifestyle.