Hubert - Less than Personal? | Hubert Financial | Discussion forum

I find the lack of human signature annoying too. On the other hand, they are thousands of miles from me and I am not looking for a buddy. The email is theirs and they are accountable for its contents.
I was able to open GICs over the phone with them. Not sure how universally applicable that might be, but I recommend phone contact if you have issues. They will walk you through stuff.

Minor inconveniences for better returns. I can deal with that.

I like the fact that they seem more security-oriented than some. You get a confirmation email every time you log in and you have to change your password regularly. Their security questions are not as sophisticated as I think they ideally should be, but better than some.

In the end, I would go with an institution that appears to have better security, or at least has put more effort into it. That's way more important than conveniences, to me.

I am waiting to see what their opening offer is with RRSPs. Maybe some deals on rates?

Any financial institution that is totally confident of their security system is dreaming in Technicolor. They are ALL vulnerable. It may be that Hubert is more humble in this regard. I doubt that any of US have much of an idea as to which ones are better protected.

It may be that the lack of signature is a deal-breaker for you.

However, now that you're feeling less "grumpy", perhaps happysavings.ca is for you after all!

For TFSAs, have you looked into CFF Bank? They have outlets in your general area. I am NOT recommending them. Just wondered, as they have very high TFSA GICs. Nobody seems to know much about them.

I dunno, but I don't have a problem with Hubert's statements. I don't expect them to email me about it. Everything I need seems to be there when I log in.
I print them out periodically, so anyone who needs to know can find the info.
What am I missing?

Seems to me that it's up to the customer to keep track of their finances and have them organized for the eventuality of death, so that executor can find the info. It would be nice if a statement arrived regularly of its own accord, but not essential, from my perspective. I'd rather they put their money into paying more interest!
As DIYers, we have to do the tracking ourselves, seems to me.

In any event, sounds like Hubie is not your kind of guy!

What do you know about Dominion Lending, if anything? I never heard of it, but, then, I never borrow, so why would I?

Strange way to run a bank!

All the various Manitoba CU's are good options but they do all excel in different areas. I deal with Implicity and am very happy with them. They have always been at the top of Market on GIC rates as well as their TFSA & HISA accounts at 2%. Their GIC rates are currently the equal to or better than the top rates offered except for Hubert's 5 Year rate which is 15 basis points above the rest. But Hubert's shorter terms (2 & 3 years) are as much as 16 basis points less than the rest.
I also like Implicity due to their no fee services, Me-to-me transfer ability, ATM access, etc. There seems to be more options for me when I need some money. I haven't needed their service centre much but when I do they are excellent. And they don't play games with significant rate specials that revert to ridiculously low rates after the special (Tangerine/ PCF. etc.). I can count on them always offering a fair and consistent top of market rate. I think the same can be said (no bait and hook strategies) for most of the MB CU's (Accelerate, Achieva, Outlook). The only down side is they do not offer RRSP's.