CUDIC 100% Deposit Protection

You've worked hard for your money. Dealing with EKC will help you protect it. B.C. Credit Union Deposits are 100% guaranteed 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.

What is protected?

All money on deposit and money invested in non-equity shares with a BC credit union is 100% protected*. Personal and business accounts that are protected include:

  • savings accounts
  • chequing accounts
  • joint accounts
  • trust accounts
  • term deposits — with no limit on the length of the term to maturity
  • GICs that are in the form of money on deposit with a BC credit union
  • foreign currency deposits
  • accrued interest on deposits is also guaranteed

http://www.cudicbc.ca/

*B.C. Credit Union Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.

 

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