Deposit Guarantee

At Credit Unions, Deposit Protection is More than a Promise...It's a Guarantee. 

Today, all deposits held in a Saskatchewan credit union are fully guaranteed by the Credit Union Deposit Guarantee Corporation.

The guarantee applies to all forms of personal, business and trust deposits including, but not limited to, chequing, savings, term deposits and registered plans that are comprised of deposits in the credit union.

The guarantee of deposits does not include any form of equity or capital such as membership or investment shares.  The guarantee also does not apply to mutual funds or other investment programs that are not credit union deposits.

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