Your Deposits Are 100% Guaranteed

You've worked hard for your money. Dealing with EKC will help you protect it. Depositors are 100% protected by the Credit Union Deposit Insurance Corporation of British Columbia. This is just one more reason to be a credit union member; you can sleep at night knowing your savings are 100% protected no matter what the economy is doing.

The Credit Union Deposit Insurance Corporation (“CUDIC”) guarantees all deposits of British Columbia’s credit unions. No matter the amount you put in, your money and the interest earned are always protected.

You’re Protected.
CUDIC has made deposit insurance safe and simple, so you maintain your financial peace of mind. All eligible deposits are automatically guaranteed. No limits on dollar amount. No application required.

What is covered?
All money on deposit with a B.C. credit union is 100% guaranteed, including foreign currencies and accrued interest, regardless of the length of the term of maturity.

What is NOT covered?
Credit union equity shares and investments such as mutual funds or RRSP equity plans.

Want to know more?
The deposit guarantee is backed by the Deposit Protection Fund which is administered and operated by CUDIC with BC Financial Services Authority (“BCFSA”) providing oversight.

*Your deposits are fully guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia. Contact us for details.