Deposit Insurance

The moment you become a credit union member and make a deposit, your insurable deposits are protected.  FSRA, through the Deposit Insurance Reserve Fund (DIRF), provides deposit protection coverage of non-registered insurable deposits, such as a chequing or savings accounts, up to a maximum amount of $250,000, while deposits in registered accounts, such as RRSPs or TFSAs, have unlimited coverage.

For further information on deposit insurance, please ask for a brochure at the credit union or visit the FSRA’s website at FRSA's website.