Your money is safe with Gulf & Fraser
Your deposits are 100% insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).
What's covered?
All money deposited with a BC credit union is 100% protected, including foreign currencies and accrued interest, regardless of the length of the term of maturity. These deposits include:
- Savings accounts
- Chequing accounts
- Term deposits
- Foreign currency deposits
- Registered and tax-free savings accounts
What's not covered?
- Credit union equity shares
- Investments such as mutual funds or RRSP equity plans
