Our PurposeProtection of qualifying credit union member investments — the corporation facilitates financial stability by ensuring the credit unions and their trade associations are in compliance with legislation and sound business practices. Our HistoryEstablished in 1991 under the Co-operative Societies Act, replacing the Newfoundland and Labrador Stabilization fund, which was enacted in 1983. Your BenefitThe Credit Union Deposit Guarantee Corporation guarantees deposits up to $250,000 per account type: demand accounts, registered retirement savings plans, registered retirement income fund, trust accounts, and joint accounts. |
Copyright © 2003 — Credit Union Deposit Guarantee Corporation
This page was modified on June 26, 2003. Today is May 3, 2007.