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BC Credit Union Deposit Insurance

As a credit union member, you receive unlimited depositor protection from the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).

Your deposits are safe with BlueShore Financial. All money on deposit and money invested in non-equity shares with a BC credit union is 100% guaranteed. Personal and business accounts that are guaranteed include:

  • Savings accounts
  • Chequing accounts
  • Term deposits (with no limit on the length of the term to maturity)
  • Foreign currency deposits
  • Registered and tax-free savings accounts

Accrued interest on deposits is also guaranteed.

What's not covered by the guarantee are credit union equity shares and investments such as mutual funds and RRSP equity plans.

If you would like additional information on the deposit guarantee, please feel free to contact us. You can also obtain more information by visiting the CUDIC website or by contacting them directly:

Credit Union Deposit Insurance Corporation

© BlueShore Financial Credit Union

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This article is provided as a general source of information and should not be considered personal financial or investment advice or solicitation. The information contained in this article was obtained from sources believed to be reliable; however, we cannot guarantee that it is accurate or complete.

Mutual funds and related financial planning services are offered through Credential Asset Management Inc.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated.

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