Credit Union Deposit Insurance Corporation (CUDIC)

At Gulf & Fraser, all your deposits are fully guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).

What's covered?

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

For more information visit the CUDIC website or contact them directly:

Credit Union Deposit Insurance Corporation